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.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.