US EditionGerman Factory Orders Fall Amid Tariff, Growth Woes
- German factory orders unexpectedly fell 1.0% in June amid prolonged domestic weakness and volatile US trade policy.
- Orders from abroad fell 3%, with a heavy drop from non-eurozone countries, while domestic orders rose slightly.
- The German economy ministry cited persistent trade and geopolitical uncertainty, expecting subdued foreign demand due to higher US tariffs.
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The car industry and the steel manufacturers recorded fewer orders in June. Overall, the German industry is experiencing a further setback. However, the conclusion is more positive for the entire second quarter.
·Dortmund, Germany
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In Germany, manufacturing orders unexpectedly fell in June for the second consecutive month as negotiations for a US-EU trade deal were far from complete. Domestic demand remained flat in June and orders within the 20-nation euro zone also rose, the report showed […] The article German new orders unexpectedly fell long after deliveries were rushed ahead of US tariffs first appeared on CursDeGuvernare.ro.
Coverage Details
Total News Sources42
Leaning Left5Leaning Right7Center10Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 23%
C 45%
R 32%
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