German industrial orders increase thanks to strong domestic demand
April 5, 2014, 12:09 am TWN
FRANKFURT--German industrial orders, a key measure of demand for German-made goods both at home and abroad, rose in February, driven primarily by strong domestic orders, data showed on Friday.
Industrial orders were up 0.6 in February compared with the level the previous month, the economy ministry said in a statement.
In January, factory orders had increased by just 0.1 percent.
The ministry said that domestic orders increased by 1.2 percent while export orders edged up by just 0.2 percent.