German factory orders rise more than expected

German industrial orders rose far more than expected in October, official data showed Friday, raising hopes that a long downturn in Europe’s biggest economy may have bottomed out. New orders increased 1.5 percent month-on-month, boosted by big orders for transport equipment, according to preliminary figures from statistics agency Destatis. Analysts surveyed by financial data firm […]

Subscribe Now

Never miss any important news. Subscribe to our newsletter.