German manufacturing orders increased in July, doubts about power recession offset       

In September 4th, German Statistics Bureau data showed that new orders for manufacturing in Germany increased by 4.6% in July compared with the previous month, while in June the data was negative 2.7%.

Data show that in July, the German manufacturing industry to obtain orders from abroad increased by 6.9%, of which new orders from the euro area increased by 1.7%.

From the data in the first half of the year, the German construction machinery exports fell by 0.9%. Considering the strong euro, Russia's exports fell by 20%, and emerging market countries' demand reduction, this has been a good achievement. He said the German economy could resume growth in the third quarter, which is a positive signal for Europe as a whole.

The Federal Department of foreign trade and investment market expert Dani Irunket said, to promote the main field of manufacturing orders is the growth of capital goods, mechanical and manufacturing engineering, which shows from the EU and China foreign market demand, it is possible to offset the weakness of domestic demand, as well as the negative effects brought about by the sanctions against russia.