Germany August factory orders fall 10.6% m/m, far below forecasts

Germany's August factory orders fell 10.6% month-on-month, versus a forecast of -0.9% and a prior 2.5% (revised to 3.2%). On a working-day-adjusted year-on-year basis, orders rose 2.7%, well below the 13.1% estimate.

Detected & updated continuously · Source: Nebula