16 Articles
16 Articles
German industry has fewer orders.
Due to declining domestic demand, German industry received fewer orders in May than before. Experts consider the decline to be manageable.
German industrial orders fell more than expected in May. The reason was the weakening of demand on the domestic market and in other eurozone economies, reports the DPA agency. Industrial orders in May fell by 1.4 percent month-on-month after an increase of 1.6 percent in April, the federal statistics office Destatis said. Economists had expected a deterioration of only 0.2 percent. Orders fell for the first time in four months. Excluding large o…
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