Germany November industrial orders -5.4% vs 0.0% m/m expected

• Prior -1.5%

The big dip here comes as large-scale orders were toned down again in November, compared to the month before. Incoming orders for other vehicle construction (aircraft, ships, trains, military vehicles) were down 58.4% on the month and that largely contributed to the headline figure we’re seeing.

This article was written by Justin Low at www.forexlive.com.