{"id":32303,"date":"2020-08-06T11:23:01","date_gmt":"2020-08-06T07:23:01","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=32303"},"modified":"2020-08-06T11:23:03","modified_gmt":"2020-08-06T07:23:03","slug":"german-industrial-orders-growth-accelerated-in-june","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/german-industrial-orders-growth-accelerated-in-june\/08\/06\/market-updates\/","title":{"rendered":"German Industrial Orders Growth Accelerated in June"},"content":{"rendered":"\n<p>Data from the Federal Statistics Office reported that orders for German industrial goods increased sharply in June as Europe&#8217;s largest economy began to set aside the effects of months of public isolation measures aimed at fighting the spread of the Covid-19, but volumes were still well below pre-pandemic levels.<\/p>\n\n\n\n<p>Orders rose at an adjusted rate of 27.9 compared to the previous month, more than twice the 10.4% growth rate posted in May and well above economists&#8217; forecasts. But orders are still 11.3% below February\u2019s, the last month before the crisis.<\/p>\n\n\n\n<p>Domestic orders grew 35.3%, outpacing orders from abroad, which increased by only 22%. The recovery in auto supply orders was particularly strong, with orders up 66.5% although they remain 12.2% below February level.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data from the Federal Statistics Office reported that orders for German industrial goods increased sharply in June as Europe&#8217;s largest economy began to set aside the effects of months of public isolation measures aimed at fighting the spread of the Covid-19, but volumes were still well below pre-pandemic levels. Orders rose at an adjusted rate &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31891,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6839],"class_list":["post-32303","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-germany"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=32303"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32303\/revisions"}],"predecessor-version":[{"id":32304,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32303\/revisions\/32304"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31891"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=32303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=32303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=32303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}