German industrial revival gathers pace

Author (Person)
Series Title
Series Details 8.9.09
Publication Date 08/09/2009
Content Type

Article reports that Germany’s manufacturing rebound has beaten expectations again, with industrial orders rising by a larger-than-expected 3.5% in July 2009.

The latest monthly rise, extending a 3.8% increase in June 2009, confirms the strength of the recovery under way in Europe’s largest economy, and points to robust growth in overall economic activity in the third quarter.

However, the fast pace of contraction at the end of 2008 and the start of 2009 is far from being reversed. Manufacturing orders in July 2009 were still almost 20% lower than a year before.

Related Links
Deutsche Welle, 8.9.09: German exports rebound as industrial output slips http://www.dw-world.de/dw/article/0,,4655048,00.html
ESO: Background information: German industrial orders surge http://www.europeansources.info/record/german-industrial-orders-surge/

Countries / Regions