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home / news releases / ZDEU - German Factory Orders Continue To Fall - There's Not A Great Deal The ECB Can Do About This


ZDEU - German Factory Orders Continue To Fall - There's Not A Great Deal The ECB Can Do About This

German factory orders

We've the numbers for August factory orders in Germany. Not good news; they're now down 6.7% year on year vs. a decline of only 5% the previous month.

We can also look at these numbers on a monthly basis and see that they're down 0.6% when the expectation was only for a 0.3% decline.

It would be reasonable to suggest that the German manufacturing economy is in recession now. The big question then becomes, well, what can anyone do about it?

This is a continuation of trend

We've been worrying about the

Read more ...

Stock Information

Company Name: SPDR Solactive Germany ETF
Stock Symbol: ZDEU
Market: NYSE

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