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  • kored35 kored35 Mar 8, 2012 12:10 PM Flag

    Alert: German industrial orders fall sharply

    and mcdonalds missed comps warned on Europe tanking...
    pump & dump today ?

    Did you notice this is hidden from retailers ?
    German industrial orders fall sharply

    By Ralph Atkins, FT.com
    updated 10:38 PM EST, Wed March 7, 2012

    German Chancellor Angela Merkel and Economy Minister Philipp Roesler on September 29, 2011 in Berlin, Germany.
    STORY HIGHLIGHTS
    A 2.7 per cent drop in orders compared with December highlighted the vulnerability of Europe's largest economy to global growth prospects.
    January's drop in industrial orders included an 8.6 per cent fall in demand from non-eurozone countries.
    Economists said Germany could still escape a technical recession and remained poised for activity to speed up again after a weak end to 2011.
    (Financial Times) -- Germany's economic rebound, which has helped counter gloom created by Europe's debt crisis, was set back in January by an unexpectedly sharp fall in industrial orders, especially from beyond the eurozone.
    A 2.7 per cent drop in orders compared with December, reported on Wednesday by the Berlin economics ministry, highlighted the vulnerability of Europe's largest economy to global growth prospects and a possible significant slowdown in countries such as China. December had seen a 1.6 per cent rise.

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