Skip to main content
You have permission to edit this article.
Edit

German factory orders rise in February but energy shock looms

  • 0

Front One Top

A petrol pump along the A43 motorway near Muenster, Germany. Rising energy prices are a huge burden for the country's power-hunger manufacturers

A petrol pump along the A43 motorway near Muenster, Germany. Rising energy prices are a huge burden for the country's power-hunger manufacturers

German industrial orders rebounded in February due to strong overseas demand, data showed Wednesday, but officials warned that the Middle East war energy shock would likely derail the positive momentum.

New orders, a key indicator of future business activity, rose 0.9 percent from a month earlier, according to preliminary figures from statistics agency Destatis, slightly below forecasts.

Keep reading

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

Tags

Our Standards

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Test polling

You voted:

Global Side Primary

300 x 250 300 x 600