Oct 7 Reuters German industrial orders fell significantly more than expected in August, adding to signs that manufacturing in Europe39;s largest economy will not recover in the coming months.

Orders fell by 5.8 on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said Monday.

A Reuters poll of analysts had pointed to a fall of 2.0.

One reason for the negative result was the very large orders for transport equipment such as aircraft, ships, trains and military vehicles placed the previous month.

Excluding largescale orders, new orders in August were 3.4 lower than in July.

The statistics office revised up the allitems figure for July to show a 3.9 increase on the month from a previous figure of 2.9 due to a considerable volume of orders reported late by establishments.

The less volatile threemonth on threemonth comparison showed that new orders were 3.9 higher in the period from June to August than in the previous three months.

Indicators point to weak demand in the coming months.

Germany39;s manufacturing sector contracted at its fastest pace in a year in September, driven by sharp declines in output, new orders and employment, PMI data for manufacturing showed last week.

Reporting by Anastasiia Kozlova and Maria Martinez, Editing by Friederike Heine and Toby Chopra

Source Reuters