Factory orders post surprise fall in October

Factory orders post surprise fall in October


German factory orders posted a surprise fall in October, data released on 7 December showed, highlighting the fragility of the recovery in Europe’s biggest economy. October industrial orders dropped by a price- and seasonally- adjusted 2.1% after rising 1.3% in September, the Ministry of Economics and Technology said. New orders in industry have eased in recent months, the ministry said releasing the data. A decline in orders for the car industry, including suppliers, hit demand during October.
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