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New orders down in Germany 10.7% from the previous month

Steepest drop since start of the corona pandemic

05 May, 11:18
(ANSA) - BELGRADE, MAY 5 - According to preliminary Federal Statistical Office data, real (price adjusted) new orders in manufacturing declined 10.7% on a seasonally and calendar adjusted basis in March 2023 compared to February 2023.

(Destatis). This is the steepest drop since new orders began to fall in April 2020 as a result of the corona pandemic. (ANSA).

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