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German Factory Orders Log Stronger Than Expected Rebound

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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Germany's factory orders rebounded at a faster than expected pace in September on robust demand for aircraft, ships, trains and military vehicles, data from Destatis showed on Wednesday.Factory orders advanced 4.2 percent on a monthly basis in September, in contrast to the revised 5.4 percent decline in August.Economists had forecast orders to grow moderately by 1.6 percent after September's initi...

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