- +4.9% prev revised up from +4.6%
- biggest drop since Aug 2009
- yy -1.3% vs +2.6% exp vs +5.9% prev revised up from +4.9%
Euro has a little wobble on the weaker data but seems unfazed by and large
- German ministry says figures are distorted by late school holidays
- weak Eurozone growth and geo politcal concerns dampen order books
German factory orders Aug mm
German factory orders Aug mm chart