Latest data released by Destatis - 6 April 2020
- Prior +5.5%; revised to +4.8%
- Factory orders WDA +1.5% vs % -0.2% y/y expected
- Prior -1.4%; revised to -0.8%
Slight delay in the release by the source. The softer touch reflects some weaker activity amid supply chain disruptions from China during that month but also as the January spike came on the back of reported large one-off purchases.
Either way, it is an irrelevant data point considering the current economic situation.
