German Industrial Orders Slump as Large Contracts Dry Up
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LN24 / 2 hours
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- 2 min read
Germany’s industrial sector suffered a sharper-than-expected decline in new orders in August, raising concerns that manufacturing could weigh on economic growth in the third quarter of 2026. New industrial orders fell 10.6% from July, on a seasonally and calendar-adjusted basis, according to Germany’s federal statistics office. Economists surveyed by Reuters had expected a much smaller […]