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German industrial orders rise again in December

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Incoming orders to German industry rose for the second month in a row in December, official figures published Friday showed, after the economy was buffeted by supply bottlenecks in 2021.

The indicator, which gives a foretaste of industrial production, climbed by 2.8 percent in December over the previous month, having risen by 3.6 percent in November, according to revised figures from the federal statistics agency Destatis.

Over the whole of 2021, orders were 17.8 percent higher than in 2020, when the economy was laid low by the outbreak of the coronavirus pandemic.—APP

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