EUR
German factory orders decreased on February for -4,2% as compared to -2,1% on January. January’s data was revised.
Construction sector has shown growth on March in Germany as new jobs were added. The activity in this branch increased from 54,7 on February to 55,6 on March.
As for the ECB meeting minutes, the central bank expects the growth to be resumed later this year. Risks of uncontrolled inflation are very low according to the ECB. However, it is still unclear for how long the economic data will remain weak.
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