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Germany's industrial orders stable

Germany's industrial orders, amid a weaker domestic demand in place, remained unchanged for the month of May, thus disappointing the high expectations that the growth would have been better for the second quarter.

Foreign orders, while the euro zone's countries demand surged 4.0%, climbed 1.4%, and domestic demand dropped by 1.9%.

Germany's April data drops 1.9%

Furthermore, April's data, compared to the previous drop of 2.0%, recorded a fall 1.9%.

As per the Economy Ministry, the industrial sector's orders, despite some monthly fluctuations, were broadly stable.

Moreover, the industrial sector's business sentiment shows signs of improvement and probable future development.

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Wednesday, 06 Jul, 2016 / 7:26

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/germany-s-industrial-orders-stable

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