German factory orders decline in April

NAMPA / DPA
2026-06-08
Frankfurt (dpa-AFX) - Germany's factory orders declined more than expected in April, data from Destatis revealed on Monday. Factory orders logged a monthly fall of 3.8% in April, in contrast to the 4.5% increase in March. Economists had forecast a fall of 2.2%. On an annual basis, orders grew 1.6% but slower than the 6.1% growth posted in March. Data showed a significant decline of 5.3% in new orders in the automotive industry followed by a 16.3%......
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