Germany factory orders drop sharply in November  

January 6, 2012 11:07 AM GMT

Germany released the factory orders index for November, where the non-seasonally adjusted annual index dropped by 4.3% from the revised previous of 5.2% from 5.4%, worse than the expected drop of 1.2%.

In addition, the seasonally adjusted monthly index dropped by 4.8% from the revised prior of 5.0% from 5.2%, worse than the expected drop of 1.8%.

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