Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
BERLIN (AP) — Factory orders in Germany, Europe's biggest economy, climbed 1 percent in June compared with the previous month thanks to a strong rise in domestic demand.
The Economy Ministry said Friday that orders from inside Germany were up 5.1 percent in June, while those from abroad were down 2 percent. The rise in the overall figure followed a 1.1 percent increase in May.
The ministry said that, for the whole second quarter, orders were 0.8 percent higher than in the January-March period.
The German economy has been performing strongly, with unemployment low, ahead of a Sept. 24 election in which Chancellor Angela Merkel is seeking a fourth term.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.