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German industrial orders disappoint, orders from euro zone sag

BERLIN, Nov 5 (Reuters) - German industrial goods orders rose 0.5% on the month in September, falling short of forecasts, with a sharp fall in euro zone orders dampening hopes for a robust third-quarter recovery in Europe’s largest economy after the coronavirus shock.

The data published on Thursday compared with a Reuters forecast for an increase of 2.0%. It came after an upwardly revised 4.9% jump in August.

Figures from the Economy Ministry showed domestic orders rose 2.3% on the month while orders from abroad contracted by 0.8%, with contracts from the euro zone declining by 6%. (Reporting by Thomas Escritt Editing by Michelle Adair)

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