German December factory orders rise 1.7% vs. an expected increase of 1%, and a decline in...

|By:, SA News Editor

German December factory orders rise 1.7% vs. an expected increase of 1%, and a decline in November of 4.9%. It's all about overseas business, where orders jumped 12.3%, outweighing a 6.8% decline from within the eurozone, and a 1.4% domestic drop.