German factory orders decline in August

Source: Bloomberg
© ScanPix/AFP
Factory orders in Germany remained in the red in August, indicating that the Euro zone's biggest economy is also vulnerable to headwinds from slowdown in emerging economies. According to Tuesday's report, industrial orders in Germany fell 1.8% during the reported month, while analysts expected the reading to post a 0.5% increase. In the prior month, the revised gauge dropped 2.2%.  
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