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Domestic demand powered German factory orders higher in June

Climbed 1 percent in June compared with the previous month

04 August, 10:44
(ANSA) - BERLIN - Factory orders in Germany climbed 1 percent in June compared with the previous month thanks to a strong rise in domestic demand, AP reported.

The Economy Ministry said Friday that orders from inside Germany were up 5.1 percent in June, while those from abroad were down 2 percent. The rise in the overall figure followed a 1.1 percent increase in May.

The ministry said that, for the whole second quarter, orders were 0.8 percent higher than in the January-March period.

(ANSA).

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