So says engineering union VDMA

  • domestic orders -7%
  • foreign orders flat

EURUSD still 1.0754 despite the soggy data ( I'm definitely gonna stop adding these rates until they move. Finger preservation society rules)

VDMA head Thilo Brodtmann says

It is increasingly clear that demand from abroad for orders is outpacing domestic demand

Weak domestic figures are a warning sign to politicians. The coalition is too focussed on consumption and too little on investment