market_report Markets & trade Hellenic Shipping News
German Factory Orders Plunge in World Economy News 10/03/2026 Germany’s factory orders slumped 11.1% mom in January 2026, far worse than market expectations for a 4.3% drop, and after a downwardly revised 6.5% rise in the prior month. The decline marked the first contraction since August, largely driven by a 39.4% plunge in fabricated metal products after large orders in the prior month created a high base. Demand also weakened for machinery and equipment (-13.5%) and basic metals (-15.1%). In contrast, orders grew for the automotive industry (10.4%) and aircraft, ships, trains, and military vehicles (9.2%). By category, capital goods tumbled 14.1% and intermediate goods fell 7.9%, while consumer goods edged up 0.1%. Domestic demand dropped 16.2%, while foreign orders shrank 7.1%, including a 7.3% fall from the euro area and a 7.1% drop from non-euro area markets. Excluding large contracts, orders slipped 0.4%. Still, factory orders between November 2025 and January 2026 grew 7.4% from the prior three months, or 1.5% higher without large orders. Source: Trading Economics 2026-03-10 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share
German Factory Orders Plunge
Hellenic Shipping News
Read full article at Hellenic Shipping News →
Opens Hellenic Shipping News in a new tab