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Economy And The Numbers

German Factory Orders Log Unexpected Fall

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
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Germany's factory orders declined unexpectedly in June on a notable fall in demand from non-EU countries, official data revealed on Wednesday.

New orders fell 1.0 percent month-on-month in June, Destatis reported. The fall was sharper than the 0.8 percent decrease posted in May and confounded expectations for an increase of 1.0 percent.

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