Financial Times FT.com

German manufacturing sector suffers further drop

By Ralph Atkins in Frankfurt

Published: July 4 2008 18:28 | Last updated: July 4 2008 18:28

Germany’s economy appeared to be spluttering yesterday after Berlin reported the sixth consecutive monthly fall in industrial orders.

Europe’s largest economy has largely powered growth across the 15-country eurozone recently, boosted by the renaissance of its manufacturing sector. But the latest data showed Germany industrial orders fell unexpectedly by 0.9 per cent in May, extending a 1.7 per cent fall in April.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this