FXstreet.com (Barcelona) - German Factory Orders s.a. dropped 1.7% in June, compared to the 0.7% increase registered in May, according to data released today by the Deutsche Bundesbank. Analysts expected less decrease of -1.0%.
On an annual basis German Factory Orders n.s.a. Fell 7.8% in June, down from the 5.3% drop in May and considerably below expectations of a 2.5% decline.
On an annual basis German Factory Orders n.s.a. Fell 7.8% in June, down from the 5.3% drop in May and considerably below expectations of a 2.5% decline.
