2 March 2001, 13:33 German January plant and machinery orders up real 11% on yr
--German January foreign plant, machinery orders up real 17% on yr
--German January domestic plant, machinery orders up real 2% on yr
--German Nov-Jan plant, machinery orders up real 14% on yr
By BridgeNews
Frankfurt--March 2--German plant and machinery orders in January rose
a real 11% on the year, driven by a 17% annual rise in foreign orders, the
German Machinery and Plant Manufacturers Association (VDMA) on Friday
said. German domestic plant and machinery orders in January rose a real 2%
from January 2000. In the November-January period, which eliminates some
of the short-term swings in cyclical business, total orders jumped a real
14% on the year, VDMA said.
* * *
During November-January, German plant and machinery orders included a
23% annual rise in foreign orders and a 2% rise in domestic orders. More
© 1999-2025 Forex EuroClub
All rights reserved