Germany's factory orders decreased unexpectedly on weak foreign demand in November, figures from Destatis revealed Wednesday.
New orders in manufacturing fell 1.3 percent month-on-month, confounding expectations for an increase of 0.2 percent. Orders had increased by a revised 0.2 percent in October.
Domestic orders grew 1.6 percent, while foreign orders fell 3.1 percent in November. Demand from the euro area dropped 3.3 percent and that from other countries decreased 2.8 percent.
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