Global Economic News

German Factory Orders Rise More Than Forecast

Germany's factory orders grew more than expected in October on robust domestic demand, official data revealed on Friday.

Factory orders logged a monthly growth of 1.5 percent, Destatis said. Although the pace of growth softened from the revised 2.0 percent rise posted in September, it was much faster than economists' forecast of 0.3 percent.

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by Renju Jaya

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