German Factory Orders 0.2% m/m vs 0.6% expected

  • German Factory Orders 0.2% m/m vs 0.6% expected

Prior -11.3%.

Rises over previous month were observed for machinery and equipment (+10%), chemicals (+3.1%) and pharmaceuticals (+6.6%), but other sectors like automotive and metal products saw significant declines. Orders from non-euro areas increased by 7.8% but orders from the EU declined by 13.1%.

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