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New orders in manufacturing rose
by 1.0% on a seasonally and calendar adjusted basis in January
2023 compared with December 2022, according to provisional
results of the Federal Statistical Office (Destatis). Excluding
large-scale orders, there was an increase of 2.9% in January
2023, Destatis noted. On a calendar adjusted basis, new orders
were 10.9% lower than in January 2022.
