Germany's factory orders expanded in February after declining sharply at the start of the year, signalling that the recession is likely to be relatively mild.
Factory orders posted a monthly growth of 0.2 percent in February, in contrast to the revised 11.4 percent decline in January, data from Destatis showed on Friday. However, the rebound was weaker than economists' forecast of 0.8 percent growth.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.