German Manufacturing Orders Increased in October

By Emese BarthaFeaturesDow Jones Newswires

German manufacturing orders rose in October, data from the country's economics ministry showed Wednesday.

In October incoming orders grew by 0.5% on month in adjusted terms, beating analysts' forecast of a 0.5% decline in The Wall Street Journal's poll last week.

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September's reading was revised upward to show growth of 1.2% from 1.0% initially.

In October, foreign orders increased by 0.5% on month, while domestic orders grew by 0.4%, the ministry said.

Foreign orders from the eurozone declined by 1.2%, while orders from non-eurozone countries expanded by 1.6%, it added.

Write to Emese Bartha at emese.bartha@wsj.com

(END) Dow Jones Newswires

December 06, 2017 02:14 ET (07:14 GMT)