German Factory orders expand in a slower pace in February

By @ibtimes on

Germany released the factory orders index for February, where the monthly index expanded by 0.3% from the revised previous drop of 1.8 from 2.7%, yet below expectations of 1.5% expansion.

Furthermore, the annual index dropped by 6.1% from the revised previous drop of 6.0% from 4.9%, more than expectations of 5.5%.

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