29 March 2001, 12:20 German Feb plant and machinery orders down real 5% on yr
--German Feb foreign plant, machinery orders down real 6% on yr
--German Feb domestic plant, machinery orders down real 5% on yr
--German Dec-Feb plant, machinery orders up real 4% on yr
Frankfurt, March 29 (BridgeNews) - German plant and machinery orders
in February fell a real 5% on the year, the German Machinery and Plant
Manufacturers Association (VDMA) on Thursday said. German domestic plant
and machinery orders in February declined a real 5% from February 2000,
while foreign orders were 6% lower on the year, VDMA said.
* * *
In the December-February period, which eliminates some of the
short-term swings in cyclical business, total orders declined a real 4% on
the year, VDMA said.
During December-February, German plant and machinery orders included a
6% annual rise in foreign orders and a 1% increase in domestic orders.
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