06 February 2013 17:31 [Source: ICIS news]
The country's economics ministry said that industrial orders from abroad rose 2.4% in December from November, more than offsetting a 1.2% decline in domestic orders.
The increase in orders, as well as recent improvements in business climate indicators, signalled an end to the weakness in industrial production, the ministry added.
December’s increase came after a revised 1.8% decline in orders in November from October.
On a two-month sequential comparison – November/December versus October/September, industrial orders were up 0.5%. Compared with November/December 2011, orders were down 1.4% year on year.
In a related data release, Germany's central bank, the Bundesbank, said that its volume index for orders in
Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy Blog
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections