- Prior +1.1%; revised to +2.0%
German factory orders came in with a beat in October, even with the more positive revision to the September figures as well. That's a positive and even when you exclude large orders from the equation, new orders were 0.5% higher than in the previous month. However, the less volatile three-month comparison does show a decline in new orders by 0.1% (after excluding large orders). The main jump in October owes much to a a large order in the "Other Vehicle Construction" sector (aircraft, ships, trains, military vehicles), which saw a 87.1% jump in that compared to September.
