By Maria MartinezGerman manufacturing orders declined in June, amid rising producer prices and supply constraints. Manufacturing orders fell 0.4% on month in adjusted terms, according to data from the German statistics office Destatis published on Thursday. Orders from non-eurozone countries fell 4.3% on month, while new orders from the eurozone rose 3.4% on month in June. Manufacturing orders fell 9.0% in June on an annual basis, Destatis said. Destatis also revised the data from the previous month to a 0.2% decline in manufacturing orders in May, instead of a 0.1% increase.

Source: Wall Street Journal August 04, 2022 16:25 UTC