German factory orders increased by the most in eight months in June, led by demand for investment goods and adding to evidence that Europe’s biggest economy is benefiting from a nascent euro-area recovery. Orders, adjusted for seasonal swings and inflation, increased 3.8 percent from May, when they fell a revised 0.5 percent that was less than originally estimated, the Economy Ministry in Berlin said today. Economists forecast a gain of 1 percent in June, according to the median of 42 estimates in a Bloomberg News survey. Orders advanced 4.3 percent from a year ago, when adjusted for the number of working days. ... (full story)