BERLIN – The German Economy Ministry says factory orders increased in July, driven by foreign demand, primarily from within the eurozone.
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The ministry said Tuesday that industrial orders were up 0.2 percent on June, according to seasonally adjusted figures.
Domestic orders actually dropped 3 percent, but that was offset by a 2.5-percent increase in foreign orders including a 5.9 percent increase from within the eurozone. Orders from outside the bloc of countries using the euro currency rose 0.6 percent over June 2016.
July's increase comes after a 0.3 percent decrease in June, and a 0.1 percent increase in May.
Overall, new orders have been relatively flat this year, which the ministry says suggests "rather quiet industrial activity in the fall."