German factory orders plunge 5.8% in August

NAMPA / DPA

2024-10-07

Berlin (dpa) - Germany reported a sharp drop in factory orders in August, preliminary figures from the national statistics agency showed on Monday. Incoming orders fell 5.8% in August, Destatis said, after rising 3.9% in July, revised up from 2.9%. The latest figure - far beyond the 1.9% decrease expected by economists - marked the steepest decline in orders since January's 10.9% drop. On a year-by-year basis, orders dropped 3.9% in August, aft......

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