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German Factory Orders Decline Exceeds Expectations

Posted by: Top News Editor in Forex News May 5, 2022

Germany’s factory orders declined more-than-expected in March, reflecting the impact of the war in Ukraine on industrial activity. Factory orders posted a monthly fall of 4.7 percent in March, data released by Destatis showed Thursday. This was faster than February’s 0.8 percent decrease and the 1.1 percent decline expected by economists.
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