FRANKFURT, Dec. 2 (Xinhua) -- Germany's mechanical engineering industry continued to experience weak order intake in October, reflecting cautious investment behavior among customers, according to a report released by the Mechanical Engineering Industry Association (VDMA) on Monday.
Orders received by German companies were nine percent lower compared to the same period last year, with overseas orders declining sharply by 14 percent. In contrast, domestic orders showed a modest increase of three percent, the VDMA noted.
