German manufacturing orders unexpectedly drop in April


German manufacturing orders plunged in April, as the Ukraine war continued to weigh on the sector.

Manufacturing orders fell 2.7% on month in adjusted terms, according to data from the German Economics Ministry released Tuesday.

Economists polled by The Wall Street Journal had expected orders to rise by 0.5%.

Foreign orders in April decreased 4.0% on month. New orders from the eurozone fell 5.6% and new orders from other countries decreased 3.0%. Domestic orders registered a decline of 0.9%.

Manufacturing orders fell 6.2% in April on an annual basis, the ministry said.

German industrial production data for April is due to be published Wednesday.

Write to Maria Martinez at

This article was originally published by Read the original article here.

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