{"id":33610,"date":"2020-09-04T15:15:15","date_gmt":"2020-09-04T11:15:15","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33610"},"modified":"2020-09-04T15:15:20","modified_gmt":"2020-09-04T11:15:20","slug":"weak-increase-in-german-industrial-orders-dashed-hopes-for-a-strong-recovery","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/weak-increase-in-german-industrial-orders-dashed-hopes-for-a-strong-recovery\/09\/04\/market-updates\/","title":{"rendered":"Weak Increase in German Industrial Orders Dashed Hopes For a Strong Recovery"},"content":{"rendered":"\n<p>Data showed that German industrial goods orders increased less than expected at 2.8% on a monthly basis in July, further hampering hopes that Europe&#8217;s largest economy could recover strongly in the third quarter from the coronavirus crisis.<\/p>\n\n\n\n<p>The increase comes compared with a Reuters forecast of a 5% rise and indicates a slow return to pre-crisis levels.<\/p>\n\n\n\n<p>The June figures were revised upwards to show an increase of 28.8% instead of 27.9% previously.<\/p>\n\n\n\n<p>The Federal Statistics Office said that orders were down 8.2% compared to February, before the imposition of general isolation measures aimed at slowing the spread of the Coronavirus.<\/p>\n\n\n\n<p>Domestic orders fell 10.2% month over month in July. Orders from abroad rose 14.4%.<\/p>\n\n\n\n<p>And data published on Wednesday showed that German retail sales fell unexpectedly in July, crushing hopes that household spending would lead a strong recovery in the third quarter from the shock of the Coronavirus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data showed that German industrial goods orders increased less than expected at 2.8% on a monthly basis in July, further hampering hopes that Europe&#8217;s largest economy could recover strongly in the third quarter from the coronavirus crisis. The increase comes compared with a Reuters forecast of a 5% rise and indicates a slow return to &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30717,"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-33610","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\/33610","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=33610"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33610\/revisions"}],"predecessor-version":[{"id":33611,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33610\/revisions\/33611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30717"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}