GERMANY DATA: Industrial orders in Germany rebounded 0.3% on the month
in February, bringing the annual, workday-adjusted change to -6.1%, the
Federal Economics Ministry reported on Wednesday.
— Germany February orders m/m below MNI median fcast (+1.6%)
— Germany January mfg orders revised up to -1.8% m/m (-2.7%)
— Germany February orders 3-month moving avg (December-February:
November-January) -0.1%
— Germany January+February avg mfg orders -2.0% vs 4q avg, 4q -2.0% q/q
— Germany February domestic mfg orders -1.4% m/m, foreign +1.7% m/m
— Germany February foreign mfg orders: EMU -3.2% m/m, non-EMU +5.0%
— Germany February capital goods orders +1.3% m/m
— Germany February consumer goods orders -3.8% m/m
— Germany February basic goods orders -0.3% m/m
— See MNI MainWire for details