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German factory orders down, underlining recession fears

Por: Associated Press Health November 05, 2022

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BERLIN (AP) — German factory orders were down 4% in September compared with the previous month, official figures showed Friday, underlining expectations that Europe’s biggest economy is heading into recession.The decline was led by a decline in foreign orders, which dropped 7%. Orders from inside Germany were up 0.5%, the Economy Ministry said. It added that a rise in demand that set in after the worst of the coronavirus pandemic appears to... + full article



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