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Germany Factory Orders n.s.a. (YoY) down to -8.6% in May from previous -1.6%

Germany Factory Orders s.a. (MoM) registered at -1.6%, below expectations (0.5%) in May

Germany Factory Orders s.a. (MoM) registered at -1.6%, below expectations (0.5%) in May
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German Factory Orders drop 1.6% MoM in May vs. 0.5% expected

Germany’s Factory Orders unexpectedly fell in May, according to the official data published by the Federal Statistics Office on Thursday, suggesting that the German manufacturing sector recovery is in the doldrums.
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