Danke, Mario, For All Ze Stimulus! German Factory Orders Now Down 11%

According to estimates released today, the German factory sector is still shrinking. Updating data through the month of May 2019, DeStatis believes new orders in that month were nearly 9% less than they were in May 2018. Rather than get any better, factory orders are accelerating on the downside.

 

 

 

 

 

 

 

 

 

 

 

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