Germany's factory orders unexpectedly decreased for a second straight month in December and at a faster pace, on the back of weak demand from abroad, suggesting that the slowdown in the manufacturing continued and the sector likely had a sluggish start to this year.
Manufacturing orders decreased a calendar and seasonally adjusted 1.6 percent from the previous month, preliminary data from the Federal Statistical Office showed on Wednesday, while they were forecast to rise 0.3 percent.
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