Germany's factory orders rebounded at a stronger-than-expected pace in September driven by higher demand for auto and electrical equipments.
Factory orders expanded 1.1 percent in September from August, Destatis reported Wednesday. Orders were forecast to advance 0.9 percent, reversing a revised 0.4 percent drop in August.
Excluding large-scale orders, new orders were 1.9 percent higher than in the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.