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Tuesday, October 06, 2015

German Factory Orders Unexpectedly Fall Amid Economic Risks

German Factory Orders Unexpectedly Fall Amid Economic Risks - Bloomberg Business

"Excluding big-ticket items, orders dropped 2.1 percent in August, the Economy Ministry said in a statement. Domestic factory orders declined 2.6 percent as demand for investment goods slumped. The drop in orders was exaggerated by school holidays, it said. A bright spot was the rest of the euro area, where demand for capital goods jumped."

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