The Factory orders grew 3% monthly in Germany during the month of March, surpassing the 1.7% expected growth and the previous 1.4% (revised from 1.2%). This is the third consecutive month of increases in the indicator, and the highest growth recorded since October 2020.
Year-on-year factory orders grew 27.8%, notably improving the expected 4.1% and 5.8% in February (upward revised from 5.6%). The annual indicator registers six consecutive months of growth and its highest rise since June 2010.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
