A post by @FirstSquawk on X.
GERMANY (SEP) FACTORY ORDERS MOM ACTUAL: 4.4% VS -10.6% PREVIOUS;EST 4.5%
@FirstSquawk on X
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Germany’s September factory orders rose 4.4% month over month, rebounding from a 10.6% decline in the prior month and narrowly missing the 4.5% estimate. The sharp swing points to volatile demand in Europe’s largest economy rather than a clear industrial recovery. The miss was marginal, but the prior-month contraction underscores how uneven order flows remain. Markets will watch whether the rebound carries into fourth-quarter output and whether it shifts expectations for German growth and European Central Bank policy.
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