Germany: Factory Orders, Retail Sales beat estimates in January Germany IndustrialProduction RetailSales EconomicIndicator EURUSD
Contracts for goods ‘Made in Germany’ rose by 1.8% on the month vs. 1.0% expected and 3.0% last, the latest data published by the Federal Statistics Office showed on Monday.
On an annualized basis, Germany’s Industrial Orders rose by 7.3% in the reported month vs. 5.4% expected and 5.9% previous.The annualThe shared currency remains weighed by the resurgent US dollar demand amid the Ukraine crisis-driven risk-off mood and rallying oil prices.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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