Germany's manufacturing orders grew for a seventh straight month in November, defying expectations for a decline, suggesting that manufacturing may have offset the slump in the service sector due to the second lockdown to battle the coronavirus pandemic.
Factory orders rose 2.3 percent month-on-month in November, figures from the Federal Statistical Office/Destatis showed Thursday. while economists had forecast a 1.2 percent fall.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.