German factory orders fell for the first time in four months in the runup to Russia’s invasion of Ukraine, underscoring concerns over slower growth in Europe’s largest economy. Demand declined 2.2% in February from the previous month, driven by a slump in foreign orders. That’s worse than all but one prediction in a Bloomberg survey of economists, which saw a median estimate of a 0.3% drop. Expectations for Germany’s economic recovery have been slashed after the war in Ukraine sent energy prices higher while disrupting supply chains that had already been suffering from pandemic-related snarls. A panel of advisers to Chancellor Olaf Scholz last week lowered its growth projection to 1.8% from 4.6% for this year, while warning that a recession is possible because of the country’s high dependence on Russian energy. […]