Strong new orders for electrical industry

After two weaker months at the beginning of the year orders leapt up in March, as the German press agency reports.

The industry also enjoyed an increase in turnover and production in the first quarter. Domestic orders went up by 22.1% and foreign orders rose by 14.0%.

In contrast to January and February the electrical companies’ production adjusted for price effects increased noticeably in March of this year, rising by 6.6% in comparison with last year. From January to March 2015 it exceeded the corresponding figure for last year by 2.2%.