Germany February factory orders -1.4% vs -2.5% m/m expected

Latest data released by Destatis – 6 April 2020
– +5.5%; revised to +4.8%
– Factory orders WDA +1.5% vs % -0.2% y/y expected
– Prior -1.4%; revised to -0.8%
Slight delay in the release by the source. The softer touch reflects some weaker activity amid supply chain disruptions from China during that month but also as the