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32%  
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Keyword: vdma

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  • Strong euro zone demand propels German engineering orders higher

    03/05/2018 9:54:05 PM PST · by Berlin_Freeper · 1 replies
    reuters.com ^ | March 5, 2018 | Reuters
    BERLIN (Reuters) – German engineering orders jumped 14 percent in January from a year ago, driven by strong demand at home and from euro zone partners, the VDMA industry group said on Monday, a further sign that Europe’s biggest economy is on track for solid growth. Contracts for ‘Made in Germany’ goods from both domestic and foreign customers jumped by 14 percent in real terms, VDMA said. While orders from countries outside the euro zone climbed 10 percent, those from countries in the single currency area jumped by 24 percent.