Germany's factory orders recovered at the end of the year 2022, but the rebound was driven by a huge growth in the big-ticket orders, suggesting a weaker contribution to the economic growth going forward.
Factory orders grew 3.2 percent on a monthly basis in December, partially offsetting the revised 4.4 percent decline in November, data published by the statistical office Destatis revealed Monday. Orders were forecast to climb moderately by 2.0 percent. Excluding large-scale orders, there was a 0.6 percent fall in manufacturing orders, data showed.
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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.