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German Factory Orders Log Unexpected Growth

Por: RTTNews Business November 06, 2023

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Germany's factory orders grew unexpectedly at the end of the third quarter underpinned by foreign demand, official data from Destatis showed on Monday. However, reinforcing fears of recession, Purchasing Managers' survey results suggested that the private sector contracted for the fourth straight month in October reflecting declines in both manufacturing production and services activity. Data from Destatis showed that new orders... + full article



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