International Economic

German factory orders sink sharply as industrial downturn continues

By Benjamin Chiou

Date: Monday 07 Oct 2024

(Sharecast News) - Factory orders in Germany fell more sharply than expected in August, dropping by their steepest level in seven months, amid an ongoing industrial downturn in Europe's largest economy.
New orders in manufacturing were down 5.8% during the month, following an upwardly revised 3.9% gain in July (original estimate:...

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