BERLIN, Sept. 28 (Xinhua) -- German machinery orders increased notably in August compared to the same month last year, industry association VDMA reported on Thursday.
According to VDMA, orders received in August increased by 10 percent in real terms year on year. Domestic orders edged up only 1 percent while foreign orders jumped 15 percent.
"Only the domestic demand was disappointing," said VDMA chief economist Ralph Wiechers, adding that "a small plus of 1 percent shows that the domestic orders have still not had a proper chance to get going."
Wiechers reminded that it is urgent that the new German government takes early action in order to advance the expansion of the digital infrastructure, in particular.
The machinery and equipment sector is the second largest industry sector in Germany. The fourth industrial revolution has already begun in Germany with the "Industry 4.0" project, according to Germany Trade & Invest, economic development agency of the Federal Republic of Germany.
