Germany: June Factory Orders rise annually for the first time since October 2011

FXstreet.com (Barcelona) - Annually, German Factory Orders jumped 4.3% in June, following a 2% drop in May, according to data published by the Deutsche Bundesbank. Analysts expected a 0.2% contraction.

On a monthly basis German Factory Orders rose 3.8%, compared with the 0.5% fall and considerably above forecasts of +1%.