Namibia: German Factory Orders Fall As Economy Struggles

German industrial orders fell 5.4% in November, official data showed yesterday, in the latest sign of the headwinds facing Europe’s largest economy.

Weak global demand, fierce competition from China and high energy prices have battered Germany’s industrial sector, which accounts for about one fifth of its economic output.

November’s 5.4% fall in factory orders from a month earlier followed a drop of 1.5% in October.

Orders fell from all parts of the world, the data showed, except in Germany where…