Frankfurt (dpa -AfX) – In German industry, there are increasing indications of an end to the phase of weakness. In April, the industrial companies received more orders for the second month in a row. In the month comparison, the orders in the processing industry increased by 0.6 percent, as the Federal Statistical Office (Destatis) announced on Thursday in Wiesbaden. The growth follows a strong increase the month before.
An overview of the Economists on the order intake:
Thomas Gitzel, chief economist of VP Bank
“The order inputs are an economic highlight, especially in the currently difficult foreign economic environment. The soil formation is striking. It seems that the manufacturing trade is going through the valley of tears. However, a trade conflict with the USA could continue to develop. It is still unclear whether this will be the case. An agreement with the USA seems to be the case, the event that the order is in place Swing in a slightly rising trend. “
Jens-Oliver Niklasch, Analyst Landesbank Baden-Württemberg
“Behind these almost inconspicuous numbers may be a trend reversal for the industry. The order figures are usually very volatile. If you smooth these fluctuations through the three-month comparison or if you cling to the large orders, the lower scale for the monthly new orders is behind us. If you are rather hesitant to speak of an upswing, at least the outlook for the coming months is currently clear. “
Ralph Solveen, analyst at Commerzbank
“Together with the recent better business climate, this supports our assessment that German industry has left the economic low point behind and will probably expand its production in the further course of this year. Trigger for this positive tendency should be the better monetary environment. After the industry had suffered for a long time under the end of the zero interest rate policy of the ECB and the associated interest rate increases in the EC The stress factor is more and more important in the coming months.
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