German industry orders drop 15.6% to record low

BERLIN, May 6 (Reuters) – Orders for German industrial products fell 15.6% in March, to their lowest level since registrations began in 1991, data released on Wednesday showed, as the coronavirus dramatically reduced domestic and foreign demand for products from Europe’s largest economy.

Statistics Office figures showed that domestic orders fell 14.8%, while orders from abroad fell 16.1%. Analysts polled by Reuters forecast a 10.0% drop.

(Information from Madeline Chambers; translated by Tomás Cobos)

Written by Argentina News

Corresponsal de Argentina, Encargado de seleccionar las noticias más relevantes de su interés a nuestro sitio web

Leave a Reply

Your email address will not be published. Required fields are marked *

Center businesses insist on opening the 11th and establish protocol

A medical plane crashed in Esquel