German factory orders non-seasonally adjusted dropped 4.0% in September

German factory orders miss analysts forecasts German factory orders non-seasonally adjusted dropped 4.0% in September, below estimates of 0.4% rise, while the August's reading was revised upwards to 3.5% from 3.4%. The year on year seasonally adjusted reading plummeted to 14.0% compared with the revised 20.4% from the initial 20.3% and median forecasts of 19.0%