German industrial orders fall sharply in February | Malay Mail

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FRANKFURT, April 6 — German industrial orders fell more than expected in February, official data showed today, as the economy ministry warned that “high uncertainty” over the war in Ukraine was likely to dampen the outlook for manufacturers. New orders dropped by 2.2 per cent over the...

FRANKFURT, April 6 — German industrial orders fell more than expected in February, official data showed today, as the economy ministry warned that “high uncertainty” over the war in Ukraine was likely to dampen the outlook for manufacturers.

February’s dip gives a “first taste of how the war in Ukraine and new uncertainties will affect the German economy”, tweeted ING bank economist Carsten Brzeski.

Source: Financial Digest (financialdigest.net)

 

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