Germany Factory Orders n.s.a. (YoY) climbed from previous -11.8% to 3.7% in July

Sep 5, 2024

Germany Factory Orders s.a. (MoM) above expectations (-1.5%) in July: Actual (2.9%)

German Factory Orders rise 2.9% MoM in July vs. -1.5% expected

Germany’s Factory Orders unexpectedly rose in July, according to the official data published by the Federal Statistics Office on Thursday, suggesting that the German manufacturing sector recovery holds momentum.