Germany's factory orders declined unexpectedly in August as the positive impetus from the frontloading of orders from the U.S. faded, official data revealed, adding woes to the struggling economy.
Manufacturing orders decreased 0.8 percent on a monthly basis, following a 2.7 percent decrease in July, the statistical office Destatis reported Tuesday. This was in contrast to the anticipated increase of 1.2 percent.
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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.