Latest data released by Destatis - 6 June 2019
- Prior +0.6%; revised to +0.8%
- Factory orders WDA -5.3% vs -5.9% expected
- Prior -6.0%; revised to -5.9%
Slight delay in the release by the source. There is a minor improvement in industrial orders for the month but from an annual perspective, it still suggests that factory activity remains weak so far in 2019. That won't be of much comfort to the German economy unless things start to pick up further along over the next few months.
