‘Free Fall Continues: Factory Orders Point to Bad 2019 For German Economy

BERLIN (AP) – German factory orders dropped 1.3% in November compared with the previous month, pushed down by a drop in foreign demand and low bulk orders.

The drop in orders, an important indicator for Europe’s biggest economy, followed a modest gain of 0.2% in October.

The Economy Ministry said Wednesday that orders from inside Germany were up 1.6%, but demand from eurozone countries dropped 3.3% and there was a 2.8% fall in orders from other countries.

Article URL : https://www.breitbart.com/europe/2020/01/08/free-fall-continues-factory-orders-point-to-bad-2019-for-german-economy/

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