Germany's factory orders declined unexpectedly in August, data released by Destatis showed on Tuesday.
Factory orders decreased 0.8 percent on a monthly basis, following a 2.7 percent decrease in July. This was in contrast to the anticipated increase of 1.2 percent.
Excluding large orders, new orders were 3.3 percent lower than in the previous month.
New orders for capital goods decreased 1.5 percent, while demand for consumer goods fell markedly by 10.3 percent. On the other hand, orders for intermediate goods rose 3.0 percent.
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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.