German Industrial Orders Slow in July

Berlin: Germany's Federal Statistical Office reported that industrial orders fell by 2.9% in July compared with the previous month. Excluding large orders, industrial demand rose by 0.7% month-on-month.

According to Bahrain News Agency, the office revised June's decline to 0.2%, compared with the 1% previously announced. Industrial orders from May to July were up 0.2% compared with the preceding three months.