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German Factory Orders Unexpectedly Rise In January

Por: RTTNews Business March 07, 2023

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Germany's factory orders unexpectedly expanded in January underpinned by foreign demand, figures from Destatis revealed on Tuesday. Factory orders grew 1.0 percent in January from December, confounding expectations for a decline of 0.9 percent. Nonetheless, the pace of growth eased from revised 3.4 percent in December.On a yearly basis, manufacturing new orders declined at a faster pace of 10.9 percent after falling 9.9 percent in December.... + full article



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