Synchronized Global Growth, R.I.P: German Factory Orders Drop 7% Y/Y

Adding more fuel to the rapidly worsening outlook on the German economy, which economists at Deutsche Bank warned on Tuesday appeared to be drifting toward recession, German factory orders posted their biggest yoy slump since 2012 in December, extending a slump that began seven months ago.

 

 

 

 

https://www.zerohedge.com/news/2019-02-06/german-factory-orders-plunge-most-2012-economy-hits-wall