German factory orders unexpectedly fell in November 2019, marking the biggest drop since July, according to new data showing the country is still struggling to overcome its worst manufacturing slump in a decade, foreign media reported. Economists see little chance of a sharp rebound in manufacturing any time soon, but expect it to stabilise by early 2020.


German factory orders fell 1.3 percent in November 2019 from the previous month, worse than economists' expectations for a 0.2 percent increase, citing a drop in orders and stagnant demand for consumer goods, bloomberg reported on the website of Taiwan's united daily news on Jan. 8.


The latest factory orders data not only show how hard it is for the German manufacturing sector to pull out of the downturn amid uncertainties such as a trade war and Britain's decision to leave the European Union, but also show the risk that the downturn could spread to other industries this year, the report said.

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Economists believe Germany's manufacturing sector is likely to stabilise in early 2020, citing diminishing uncertainty from global trade disputes and surveys showing a stabilising outlook.


However, the chances of a big rebound in German manufacturing any time soon are slim.


The bundesbank thinks GDP growth may stall in the last quarter, with little sign of a rebound in sight, and may remain below 1 per cent this year. Recent German economic data showed a deterioration in the manufacturing sector and the loss of more jobs.