LOGO
LOGO

European Economic News

German Factory Orders Unexpectedly Fall In April

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Germany's factory orders unexpectedly declined in April as coronavirus-linked lockdowns in China and supply chain disruptions dampened demand in the manufacturing sector, official data revealed on Tuesday.

Factory orders declined 2.7 percent on a monthly basis, following a revised 4.2 percent fall in March. This was the third consecutive decrease. Economists had forecast a moderate 0.3 percent growth for April.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

Latest Updates on COVID-19