Economic Indicators5 hours ago (May 06, 2020 02:25AM ET)
(C) Reuters. Aerial view of a container terminal in the port of Hamburg
BERLIN (Reuters) – Orders for German industrial goods dived 15.6% in March to their lowest level since records began in 1991, data showed on Wednesday, as the coronavirus slashed domestic and foreign demand for goods from Europe’s biggest economy.
Figures from the Statistics Office showed that domestic orders fell by 14.8% while orders from abroad were down 16.1%. Analysts polled by Reuters had expected a 10.0% fall.
German industrial orders slide 15.6% to record low in March as virus hits
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