Germany: Factory Orders continue decreasing in May

FXstreet.com (Barcelona) - On an annual basis German Factory Orders n.s.a. fell 2% in May, down from the 0.3% drop in April, according to data released today by the Deutsche Bundesbank.

Month-over-month German Factory Orders decreased 1.3% in May, up from the 2.2% decline registered the previous month. Analysts expected 1.2% growth.