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German factory orders see 3rd straight gain in October

Increase fueled by higher domestic and outside eurozone demand

06 December, 15:39
(ANSA) - BERLIN - Factory orders in Germany were up 0.5 percent in October compared with the previous month. It's the third consecutive monthly gain.

The Economy Ministry said Wednesday that the increase was fueled by slightly higher domestic demand and a larger increase in orders from outside the 19-nation eurozone. Orders from other eurozone countries were down 1.2 percent.

The October gain followed increases of 4.1 percent in August and 1.2 percent in September, and came despite a below-average number of bulk orders. (ANSA).

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