BERLIN (Reuters) – German industrial orders fell unexpectedly in February, registering their biggest drop in more than two years, data showed on Thursday, compounding worries that Europe’s largest economy had a weak start to the year.
Contracts for German goods slumped by 4.2 percent, data from the Economy Ministry showed, compared to a fall of 2.1 percent in January, revised from a drop of 2.6 percent.
The fall was the sharpest since January 2017 and confounded forecasts for a 0.3 percent increase.
(Reporting by Madeline Chambers; Editing by Michelle Martin)