German factory orders unexpectedly decline as exports slow down

Exporters are struggling with a China-led slowdown in emerging markets

5th April, 2016
German factory orders fell in February

German factory orders unexpectedly fell in February in a sign that a global trade slowdown is weighing on Europe’s largest economy.

Orders, adjusted for seasonal swings and inflation, dropped 1.2 per cent from the prior month, when they rose a revised 0.5 per cent, data from the Economy Ministry in Berlin showed. The reading, which is typically volatile, compares with a median estimate for an increase of 0.3 per cent in a Bloomberg...

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