Germany's factory orders unexpectedly decreased for a second straight month in December and at a faster pace, on the back of weak demand from abroad, suggesting that the slowdown in the manufacturing continued and the sector likely had a sluggish start to this year.
Manufacturing orders decreased a calendar and seasonally adjusted 1.6 percent from the previous month, preliminary data from the Federal Statistical Office showed on Wednesday, while they were forecast to rise 0.3 percent.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.