German Factory Orders jump 3.6% MoM in March vs. 1.3% expected
Source Fxstreet
The official data published by the Federal Statistics Office showed Friday that Germany's Factory Orders jumped more than expected in March, suggesting that the country’s manufacturing sector has picked up momentum.
Over the month, contracts for goods ‘Made in Germany’ rose 3.6% in March after reporting no growth in February. Data beat the estimates of 1.3%.
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