German factory orders unexpectedly declined for a second month in May in a sign that the eurozone’s struggle to emerge from its longest-ever recession is disrupting the recovery in Europe’s largest economy.
Orders, adjusted for seasonal swings and inflation, dropped 1.3 per cent from April, when they fell a revised 2.2 per cent, the Economy Ministry in Berlin said today. Economists forecast a gain of 1.2 per cent, according to the...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team