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German Factory Orders Rebound In May

Por: RTTNews Business July 06, 2023

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Germany's factory orders rebounded in May driven by the manufacture of motor vehicles, data published by Destatis revealed on Thursday. Factory orders advanced 6.4 percent on a monthly basis in May, following a 0.2 percent rise in April. Orders were expected to grow 1.5 percent after April's initially estimated 0.4 percent drop. Domestic orders grew 6.2 percent and foreign orders gained 6.4 percent. Within foreign demand, orders from... + full article



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