German factory orders drops 1.9% in January

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Source: Businessweek

Factory orders in Germany unexpectedly decreased in the month of January as the huge amount of debt in Europe weakened the demand for the shared currency, the Economy Ministry in Berlin showed in a report on Thursday. German factory orders dropped at the seasonally adjusted 1.9% in January compared to predictions of a 0.6% rise, following a 1.1% gain the month before.


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Thu, 07 Mar 2013 14:24:03 GMT

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