(AP-ANSA) - BERLIN - German factory orders dropped in
November, dragged down by a fall in demand from other eurozone
countries. The Economy Ministry said Monday that overall orders
were 1 percent lower than in the previous month following a
slight 0.2 percent gain in October. The figure includes an
11.6-percent drop in orders from elsewhere in the 19-nation
eurozone, which more than canceled out a 7.4 percent gain a
month earlier. Orders from inside Germany were up 2.4 percent,
and those from outside the eurozone rose 2.3 percent. Factory
orders are an important indicator for the German economy,
Europe's biggest, which shrank in the third quarter - though
that drop was blamed to a large extent on one-time factors
stemming from new car emissions standards. (AP-ANSA).
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