Factory orders in Germany improved by 0.3% in February.

Wednesday, 4 April 2012 04:44

The German factory orders in February improved but still remained below expectations.

The European biggest economy recorded gain by seasonally adjusted 0.3% in this area in February.

Deutsche Bundesbank estimated the growth at 1.2%.

In January German factory orders declined significantly by revised today 1.8%.

Comparing with 2011 index fell by 6.1%, more than estimated.

The couple EUR/USD reached 1.3179 after data release.