Germany factory orders rose 10.4% mom in May, below expectation of 15.0% mom. Excluding major orders, real new orders in manufacturing rose 8.9% mom. Comparing with February, the month before coronavirus restrictions, new orders were -30.8% lower.
Look at some details, domestic orders rose 12.3% mom. Foreign orders rose 0.8% mom. New orders from Eurozone rose 20.9% mom. New orders from other countries rose 2.0% mom. Intermediate goods rose 0.4% mom. Capital goods rose 20.3% mom. Consumer goods rose 4.7% mom. Automotive rose
