German Industrial Orders Fall Sharply in August
German industrial orders declined by 10.6% in August compared to the previous month, a steeper fall than the 1.0% expected by analysts.
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By Don Nico ForbesGerman manufacturing orders plummeted in August, pointing to increasing pressure on industrial demand as the conflict in the Middle East continues to keep energy costs elevated.Factory orders in the eurozone's largest economy fell 10.6% on month, compared with a 3.2% rise in July…
6% in August from the previous month on a seasonally and calendar-adjusted basis, the federal statistics office said on Tuesday. 0% decline. The statistics office publishes more economic data.