Germany leads European shares lower after industrial orders

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Traders work at their desks in front of the German share price index, DAX board, at the stock exchange …

LONDON (Reuters) - European shares fell on Tuesday, led lower by German stocks after industrial orders unexpectedly dropped in Europe's biggest economy, suggesting a slowdown in the global economy was leaving its mark.
German industrial orders fell in February in a surprise for economists, due to weaker foreign demand, particularly from euro zone countries.
Germany's DAX <.GDAXI> fell 1.7 percent, underperforming a 1.1 percent drop for the FTSEurofirst 300 to 1,297.65.
Exporters and other globally-exposed stocks were hit across the region, with autos <.SXAP> down 2.7 percent and mining stocks <.SXPP> down 3.1 percent.

The top faller on the FTSEurofirst 300 was Peugeot , down 6 percent after the carmaker outlined plans on Tuesday to return to consistent sales growth.

(Reporting by Alistair Smout)

Culled from  Reuters in yahoo finance