German industrial orders down 1.7 pct in June

Published August 7, 2012 11:13am ET



BERLIN (AP) — Industrial orders in Germany fell by an unexpectedly large 1.7 percent in June from the previous month, led by a slide in orders from other countries that use the euro, official data showed Tuesday. However, the Economy Ministry said recent figures show no “clear trend.”

The drop in the often-volatile index followed a 0.7 percent monthly increase in May. That was revised upward slightly from the initial reading of 0.6 percent.

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