German Manufacturing New Orders Decline in April

German Manufacturing New Orders Decline in April
Staff wear protective masks at the Volkswagen assembly line in Wolfsburg, Germany, on April 27, 2020. Swen Pfoertner/Pool via Reuters
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New orders in manufacturing declined in April for the third time in a row in Germany, according to the latest data from the Federal Statistical Office (Destatis).

On a seasonally and calendar-adjusted basis, new orders in April fell by 2.7 percent compared to March, a June 7 press release said. Excluding major orders, new orders decreased by 1.2 percent.
Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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