# German industrial orders drop in Sept on foreign demand slump
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-11-04
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: German industrial orders fall more than expected in
Meta Description: Discover why German industrial orders fell more than anticipated in September, with new data showing a decrease in foreign demand affecting the numbers.
URL: https://financedigest.com/german-industrial-orders-drop-in-sept-on-foreign-demand-slumphtml

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/2022-11-04t073125z2lynxmpeia307mrtroptp4germany-economy-industrialoutput-1736814914464-compressed.jpg)

BERLIN (Reuters) – German industrial orders fell more than expected in September, weighed down by a sharp fall in foreign demand, data showed on Friday.

New orders fell by 4.0% on the month on a seasonally and calendar adjusted basis, the Federal Statistics Office said. While domestic orders increased by 0.5%, foreign orders decreased by 7.0%.

A [Reuters poll](https://www.financedigest.com/bank-of-england-to-raise-rates-by-50bps-again-to-tame-inflation-reuters-poll.html "Bank of England to raise rates by 50bps again to tame inflation: Reuters Poll") of analysts had pointed to a fall of 0.5% in September.

(Writing by Paul Carrel, editing by Kirsti Knolle)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---