Skip to content

German Factory Orders Rise More Than Hoped Amid Growing Optimism

  • December orders rise 3.2%; economists predicted 2% increase
  • Confidence among has been growing with worst case avoided

German factory orders grew more than anticipated in December in the latest sign that Europe’s largest economy will get through the winter without seeing a slump.

Demand increased 3.2% from the previous month, more than the 2% rise analysts had predicted in a Bloomberg survey. The jump was due to large orders, without which there would have been a 0.6% decline, the statistics office said on Monday.