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Global Economic News

Germany Factory Orders Recover In November

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Germany's factory orders rebounded at a faster-than-expected pace in November underpinned by robust foreign demand, data from Destatis showed on Thursday. New orders grew 3.7 percent month-on-month in November, reversing a strong decline of 5.8 percent in October. The pace of growth also exceeded the economists' forecast of 2.1 percent. Excluding major orders, new orders advanced 3.8 percent from ...

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