German industrial orders fall more than expected in April

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FILE PHOTO: ThyssenKrupp steel factory in Duisburg

BERLIN – German industrial orders fell more than expected in April, the third decline in a row, driven by weakened demand and heightened uncertainty due to the Russian invasion of Ukraine, data showed on Tuesday.

Orders for industrial goods dropped by 2.7% on the month in seasonally adjusted terms after a upwardly revised decline of 4.2% in March, figures from the Federal Statistical Office showed.

A Reuters poll of analysts had pointed to an increase of 0.3% on the month in April.

(Reporting by Miranda Murray; editing by Matthias Williams)