New data shows that German’s factories had an unexpected rise in orders in April, up 3.1% from March.
New data shows that German’s factories had an unexpected rise in orders in April, up 3.1% from March. Export orders, especially those to other Eurozone countries, increased while domestic orders stayed largely flat. Analysts said the figures should be taken cautiously, but it could provide a good starting point that could be further boosted by the ECB meeting today. Read the full story.
