Latest data released by Destatis - 5 February 2018
- Prior m/m -0.4%; revised to -0.1%
- Factory orders y/y +7.2% vs +3.1% expected
- Prior y/y +8.7%; revised to +9.1%
That's a huge beat on the figures for both the m/m and y/y readings.
As mentioned in the calendar preview, Germany is on an economic boom but that's still a big beat in the readings. The real challenge starts from here, as to whether or not the expansion can be sustained into 2018.
