German factory orders surge as economy seen growing

Source: Bloomberg
A total number of new manufacturing in Germany jumped 4.6% in July of the current year, reversing the negative trend of two past months, as in June they dropped by revised 2.7%. Analysts, in turn, forecasted the indicator to add 1.5%. The fastest orders' increase in more than a year heats up the expectations for economic rebound in Germany in Q3 after a 0.2% decline in Q2
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