Germany: Annual Factory Orders jump 8.4% in January

FXStreet (Barcelona) - On an annual basis German Factory Orders increased 8.4% in January, up from the 6.1% rise in December, the Deutsche Bundesbank informed on Thursday. This is more positive than market consensus of +7.5%.

Month-over-month Factory Orders grew 1.2% compared with the 0.2% drop and above forecasts of a 0.7% increase.