# German industrial orders drop in Sept on foreign demand slump
Published: 2022-11-04
Category: Headlines
Category URL: https://blockchaintribune.com/category/headlines/
Meta Title: German Industrial Orders Fall More Than Expected in September
Meta Description: Discover why German industrial orders plunged in September, with a sharp decline in foreign demand. Get the latest insights here.
URL: https://blockchaintribune.com/german-industrial-orders-drop-in-sept-on-foreign-demand-slump/

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BERLIN (Reuters) – German industrial orders fell more than expected in September, weighed down by a sharp fall in foreign demand, data showed on Friday.

New orders fell by 4.0% on the month on a seasonally and calendar adjusted basis, the Federal Statistics Office said. While domestic orders increased by 0.5%, foreign orders decreased by 7.0%.

A Reuters poll of analysts had pointed to a fall of 0.5% in September.

(Writing by Paul Carrel, editing by Kirsti Knolle)


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