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German industrial orders rising

German industrial orders posted their sixth straight monthly rise in
August, official data showed on Wednesday, in a fresh sign that a
fragile recovery in Europe's top economy is taking root. A day after
Berlin gave a more bullish forecast for growth this year, the economy
ministry said that orders rose a better-than- expected 1.4 following
a 3.1- before. Germany, one of the world's biggest exporters, has
been hit hard by the global recession hurting demand for its
products, but Wednesday's data showed foreign orders rising 4.6
percent. On a less volatile two-month basis, orders rose 5.8
compared with May and June. Compared with a year earlier, orders
soared 20.3 with foreign demand up 24.3