Germany's factory orders growth gained further momentum in August on foreign demand raising hopes for strong economic rebound in the third quarter.
Data released by Destatis showed that factory orders climbed 4.5 percent month-on-month, which was faster than the 3.3 percent rise in July and the 2.6 percent increase economists' had forecast. This was the fourth consecutive increase in orders.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.