Strong demand in the non euro zone pushed German industrial orders to rebound
strong demand in the non euro zone pushed German industrial orders to rebound
20 current China Construction machinery information
Guide: the statistical data released by the German Ministry of economy on the 6th showed that thanks to strong demand in non euro zone countries, German industrial orders increased by 1.7% month on month in December last year, better than expected. According to the data, in December last year, domestic industrial orders in Germany fell by 1.4% month on month, and industrial orders from abroad increased by 4.3%
statistics released by the German Ministry of economy on the 6th showed that thanks to strong demand from non euro zone countries, German industrial orders increased by 1.7% month on month in December last year, better than expected
data show that the transformation of the coal-fired furnace of the plastic granulator system has become an important issue to be solved urgently. Last December, German domestic industrial orders fell by 1.4% month on month, and industrial orders from abroad increased by 4.3%. Among them, industrial orders from euro zone countries fell by 6.8%, while orders from non euro zone countries soared by 12.3%
this reflects that the growing sovereign debt crisis in the eurozone is impacting the internal demand of eurozone countries. Industrial orders from euro zone countries account for about 40% of German exports
compared with the decline of 4.9% in November last year, German industrial orders rebounded strongly in December last year. Some economists believe that the impact of the crisis on the German economy may be smaller than expected by taking advantage of the edible and water-soluble characteristics of some plastic packaging materials. Given that German industrial orders may continue to grow at the beginning of this year, the possibility of a serious recession in the German economy can be basically ruled out at present
Commerzbank predicts that the German economy will grow slightly by 0.1% in the first quarter of this year
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