Germany's factory orders declined unexpectedly in June on a notable fall in demand from non-EU countries, official data revealed on Wednesday.
New orders fell 1.0 percent month-on-month in June, Destatis reported. The fall was sharper than the 0.8 percent decrease posted in May and confounded expectations for an increase of 1.0 percent.
When large-scale orders are excluded, new orders were 0.5 percent higher than in the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.