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/forum-11.html) +--- Forum: International News (https://forums.ipoh.com.my/forum-13.html) +---- Forum: Business, Economy and Investment (https://forums.ipoh.com.my/forum-56.html) +---- Thread: Ukraine war hits German industrial orders in March (/thread-5592.html)

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 -