Germany factory orders declined for the first time in four months in February largely driven by the fall in foreign demand, data from Destatis revealed on Wednesday. Factory orders decreased 2.2 percent on a monthly basis in February, in contrast to the 2.3 percent increase in January. Economists had forecast a marginal fall of 0.2 percent. This was the first decrease since October 2021.At the sam...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.