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German industrial orders grow in May, reversing trend

BERLIN, July 6 (Reuters) - German industrial orders grew in May, beating expectations and reversing the trend after three consecutive months of decline, data showed on Wednesday. Orders for industrial goods increased by 0.1% on the month in seasonally adjusted terms after an upwardly revised decline of 1.8% in April, figures from the Federal Statistical Office showed. A Reuters poll of analysts had pointed to a decrease of 0.6% on the month in May. (Reporting by Miranda Murray, editing by Kirsti Knolle) ((miranda.murray@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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