German New orders in manufacturing in June 2016: –0.4% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had decreased in June 2016 a seasonally and working-day adjusted 0.4% on May 2016. For May 2016, revision of the preliminary outcome resulted in an increase of 0.1% compared with April 2016 (primary 0.0%). Price-adjusted new orders without major orders in manufacturing had increased in June 2016 a seasonally and working-day adjusted 0.9% on May 2016. In June 2016, domestic orders increased by 0.7%, while foreign orders decreased by 1.2% on the previous month. New orders from the euro area were down 8.5% on the ... (Read the full story)