German Manufacturing Orders Fell by More Than Expected in March

Workers at the Volkswagen factory in Zwickau, Germany. Photo by Jens Schlueter/Getty Images Photo: Jens Schlueter/Getty Images

New orders at German factories tumbled more than expected in March, signaling sliding demand for manufacturers as concerns over the health of the global economy mount.

Manufacturing orders decreased 10.7% in March on month after rising by a downwardly revised 4.5% in February, according to price-adjusted data released Friday by the German statistics office Destatis.

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