German factory orders fell for a second month in January in a sign that a global slowdown and weak domestic pricing power may be hurting Europe’s largest economy.
Orders, adjusted for seasonal swings and inflation, dropped 0.1 per cent from the prior month, when they slid 0.2 per cent, data from the Economy Ministry in Berlin showed on Monday. The reading, which is typically volatile, compares with a median estimate for a decrease...
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