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Germany Factory Orders Recover On Foreign Demand

Por: RTTNews Business December 06, 2022

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Despite supply chain issues, Germany's manufacturing orders rebounded in October underpinned by robust foreign demand, data from Destatis revealed on Tuesday.Factory orders posted a monthly growth of 0.8 percent in October, in contrast to the revised 2.9 percent decrease in September. Orders were expected to gain marginally by 0.1 percent.Excluding major orders, there was a decrease of 1.2 percent in manufacturing orders. The 1.9 percent... + full article



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