The industry of Germany, the leading economy in the euro area, started 2013 in a backward gear: orders marked a sharp and unexpected drop, minus 1,9 percent compared to the previous month, according to data released by the Teutonic Ministry of Economy. A decidedly disappointing dynamic compared to the plus 0,6 percent expected on average by analysts.
Germany, industrial orders disappoint: -1,9% month on month in January
The industry of Europe's largest economy has started 2013 badly: analysts had expected an increase of 0,6% but instead the data is negative.
FIRSTonline editorial team
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
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