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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Germany Industrial Orders Dropped for the third successive month in March

May, 07 2018
watermark Economic news

The German Industrial orders contracted unexpectedly in March. This has been the third consecutive drop based on the report released on Monday, reflecting a shift to a slower pace in the upcoming months.

Contracts on local German-made goods slid down by 0.9 percent after a downward revision of 0.2 percent in the month earlier, according to the data from the Federal Statistics Office.

The reading has shifted the poll of Reuters with the forecast of 0.5 percent increase.

The economy ministry said that the sector has somehow lost ground in the first quarter following a good performance in the second six months in 2017.

However, despite the drop in the first quarter of the year, the overall industrial trend has remained to be directed upward, as described by the ministry.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.