German Factory Orders

German Factory Orders plunged in Apr (-2.7% mom, -6.2% yoy). This is partly a correction after above-trend levels (a compensation post-pandemic lockdown). Even taking that into consideration, the below charts shows that the deceleration is sending a sobering signal.

Prec.
Le Yen au plus bas de … 20 ans face au dollar
Suiv.
Projections de croissance annuelle du PIB pour 2022