German engineering orders down 16 pct in Feb

Newswire

BERLIN, March 29 (Reuters) - German engineering orders fell by 16 percent in real terms in February from the previous year, engineering industry association VDMA said on Thursday. In the December-February period orders fell 11 percent from a year ago. CHANGE FEB Overall -16 pct y/y Of which Germany -12 pct y/y Foreign -18 pct y/y DEC-FEB Overall -11 pct y/y Of which German -7 pct y/y Foreign -12 pct y/y (Reporting by Madeline Chambers)

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