German factory orders rise at fastest rate in 2 years in December

German factory orders unexpectedly posted their biggest rise in two years in December, official data showed Thursday, fuelling hopes that a turnaround is taking hold in Europe’s struggling top economy. New orders, a key indicator of future business activity, jumped 7.8 percent from a month earlier, according to preliminary figures from statistics agency Destatis, after […] The post German factory orders rise at fastest rate in 2 years in December appeared first on Digital Journal.