German Manufacturing Slump Piques Fears Over Europe’s Flagship Economy - News Summed Up

German Manufacturing Slump Piques Fears Over Europe’s Flagship Economy


FRANKFURT—German manufacturers saw orders drop sharply in February, increasing the likelihood that Europe’s flagship economy could contract in the first half of 2019 in a setback for a weakened continent. Total orders for the sector dropped 4.2% from January, Germany’s statistics office said Thursday, missing forecasts by a large margin. Compared with February 2018, order volumes were down a steep 8.4%.


Source: Wall Street Journal April 04, 2019 13:41 UTC



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