Germany November industrial orders +0.3% vs +1.0% m/m expected

<ul><li>Prior -3.7%; revised to -3.8%</li></ul><p>This series has been a bit of a volatile one in recent months due to one-off factors but appears to be normalising a little towards the year-end. Domestic orders were up 1.4% on the month while foreign orders declined by 0.4%. Looking at the breakdown:</p><ul><li>Capital goods +0.8%</li><li>Consumer goods +1.1%</li><li>Intermediate goods -0.4%</li></ul>

This article was written by Justin Low at www.forexlive.com.