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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (26977)	4/6/2005 10:28:21 AM
From: mishedlo	Respond to of 116555

German Feb manufacturing orders down 2.6 pct from Jan; consensus up 0.2 Wednesday, April 6, 2005 10:16:04 AM afxpress.com BERLIN (AFX) - German manufacturing orders fell a seasonally adjusted 2.6 pct in February from January, according to preliminary data from the Economy and Labour Ministry Economists, on average, had forecast a rise of 0.2 pct The ministry revised downward the January manufacturing orders, saying they were down 3.5 pct month-on-month compared with the preliminary figure of a 3.4 pct fall announced last month The ministry said the figures show that German industry still gets most of its impulses from outside the country. An increase in domestic consumer goods orders, up 5.3 pct month-on-month, may however indicate a gradual pick-up in domestic consumption, it said Domestic consumer goods orders rose for a fifth consecutive month in February, the ministry said Domestic orders fell 2.8 pct in February from January, while foreign orders declined 2.3 pct On a two-monthly basis, orders fell a seasonally-adjusted 1.2 pct in January and February from November and December, with domestic orders down 4.0 pct and foreign orders up 1.8 pct, the ministry said