German factory orders increase significantly in February

Note: This section contains information in English only.
Source: RTT News
Factory orders in Germany advanced by much more than forecast in February mainly due to an increase of domestic and foreign demand suggesting that factory sector has improved in the Q1, the Federal Ministry of Economics and Technology reported on Friday. Factory orders gained 2.3% on a monthly basis in February, more than a 1.1% rise initially estimated, after they declined 1.6% the month before.

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