Tue, 06 Sep 2016 12:19:03 GMT
German factory orders disappoint in August
German factory orders grew less than expected in August, official figures revealed on Tuesday. According to the German Federal Ministry of Economics and Technology's report German factory orders jumped to a seasonally adjusted 0.2% in August from July's upwardly revised drop of 0.3%. Meanwhile, market analysts expected the country's factory orders to rise 0.5% in the reported month.