Finance

German industrial orders fall 1.5% in October

Published by Global Banking & Finance Review

Posted on December 5, 2024

1 min read

· Last updated: January 27, 2026

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Graph depicting German exports decline in October 2023 - Global Banking & Finance Review
This image illustrates the significant decline in German exports by 2.8% in October 2023, reflecting delayed recovery in external demand. It highlights key statistics relevant to the article on finance and trade dynamics.
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German Industrial Orders Decline by 1.5% in October

(Reuters) - German industrial orders fell in October, declining by 1.5% on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said on Thursday.

A Reuters poll of analysts had pointed to a fall of 2.0%.

The statistics office publishes more economic data on its website.

(Reporting by Elizaveta Gladun in Gdansk, Editing by Miranda Murray)

Key Takeaways

  • German industrial orders decreased by 1.5% in October.
  • The decline was less than the anticipated 2.0% drop.
  • Data was adjusted for seasonality and calendar variations.
  • The federal statistics office provided the data.
  • Reuters poll predicted a larger decline.

Frequently Asked Questions

What is the main topic?
The article discusses the decline in German industrial orders by 1.5% in October, which was less than the expected drop.
What was the expected decline?
A Reuters poll of analysts had pointed to a fall of 2.0%.
Who provided the data?
The data was provided by the federal statistics office.

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