GERMANY DATA: Industrial new orders growth unexpectedly picked up speed
on the month in March to +2.2%, narrowing the annual shortfall to 1.3%,
the Economics Ministry reported on Monday.
— Germany March orders m/m above all fcasts (median -0.3%)
— Germany February mfg orders revised up to +0.6% m/m (+0.3%)
— Germany March orders 3-month moving avg (January-March:December-
February) +0.5%
— Germany 1q mfg orders -0.7% q/q, 4q -2.2%, 3q -3.5%
— Germany March domestic mfg orders +1.3% m/m, foreign +3.0% m/m
— Germany March foreign mfg orders: EMU unch m/m, non-EMU +4.8%
— Germany March capital goods orders +4.2% m/m
— Germany March consumer goods orders +5.0% m/m
— Germany March basic goods orders -1.1% m/m
— See MNI MainWire for details