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German Factory Orders Rebound in September

Adel 4 November, 2021 3:07 pm Market Update

The German Factory Orders rebounded less than expected in September, suggesting that the recovery in the manufacturing sector of Europe’s economic powerhouse seems to be losing momentum. Contracts for goods ‘Made in Germany’ jumped 1.3% on the month vs. 2.0% expected and -7.7% last, the latest data published by the Federal Statistics Office showed on Wednesday.

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