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Ukraine war hits German industrial orders in March - Printable Version +- Ipoh Community Forums (https://forums.ipoh.com.my) +-- Forum: News and Current Affairs (https://forums.ipoh.com.my/forumdisplay.php?fid=11) +--- Forum: International News (https://forums.ipoh.com.my/forumdisplay.php?fid=13) +---- Forum: Business, Economy and Investment (https://forums.ipoh.com.my/forumdisplay.php?fid=56) +---- Thread: Ukraine war hits German industrial orders in March (/showthread.php?tid=5592) |
Ukraine war hits German industrial orders in March - superadmin - 05-05-2022 ![]() BERLIN – German industrial orders dropped sharply in March, official data published today showed, as the Russian invasion of Ukraine hit demand. Incoming orders were down 4.7% on the previous month in March, according to the federal statistics agency Destatis. The drop was a “visible” indication of the impact the war in Ukraine is having on the German economy, the Economy Ministry said in a statement. “Increased uncertainty is reflected in much more restrained demand, especially from the non-euro area,” the ministry said. - More - |