Germany factory orders for three consecutive months loop than increasing

The Ministry of Economics and technology Germany 6, data said that inflation and seasonal factors, Germany June factory orders increased substantially annular than 4.5%, for the third consecutive month cycles than increased record for the month of June 2007, the highest level since, also much higher than economists expected 0.6%.

But compared to the same period last year, the June factory orders data still fall 25.3%.

Data display, Germany June factory orders increased mainly due to the central than export orders rise 8.3%, especially from other countries in the euro area's orders surged by 13.2% while domestic order ring than 0.2% rise.

Economists believe that, as the world's largest exporter of Germany will fully benefit from the global economic recovery is expected in the second half of the country's economy is expected to return to growth.