German industrial orders dip in November
Frankfurt am Main, (MILLAT ONLINE):Industrial orders in Germany fell in November, data showed on Monday, but not enough to derail the growth outlook for Europe’s biggest economy, analysts said.
Industrial orders fell by 0.4 percent in November from the preceding month, the federal statistics office Destatis calculated in a statement.
Analysts had been expecting a bigger drop, following a 0.7-percent increase in orders in October.
The economy ministry in Berlin attributed the dent to a drop in more volatile larger orders, insisting that, overall, contracts had developed “very dynamically in the second half of 2017.”