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اقتصاد سكاي نيوز عربية
German factory orders fall 3.8% in April
German factory orders declined by 3.8% in April on a monthly basis, according to data from the Federal Statistical Office. This decline was greater than expected, as economists had predicted a drop of 2.2%. On an annual basis, orders increased by 1.6%, but the sector remains heavily reliant on a decline in foreign demand, which fell by 4.2%, along with a decrease in domestic orders by 2.9%. The automotive sector also experienced a significant decline of 5.3%, and electrical equipment manufacturing dropped by 16.3%.
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