Germany’s factory orders growth eased more than expected in July due to the double-digit fall in domestic demand, data from Destatis revealed Friday. Factory orders increased 2.8 percent on a monthly basis, much slower than the 28.8 percent rise in June and economists’ forecast of 5 percent increase. New orders increased for the third straight month in July.

For more info about this post:

View Source


Get notified when there is a new post. Read new post to earn 10 points!

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Leave a Reply

Your email address will not be published. Required fields are marked *