German industrial orders grow in May, reversing trend

July 06, 2022 / 10:47 AM
Sharjah24 - Reuters: German industrial orders grew in May, beating expectations and reversing the trend after three consecutive months of decline, data showed on Wednesday.
Orders for industrial goods increased by 0.1% on the month in seasonally adjusted terms after an upwardly revised decline of 1.8% in April, figures from the Federal Statistical Office showed.

A Reuters poll of analysts had pointed to a decrease of 0.6% on the month in May.
July 06, 2022 / 10:47 AM

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