Germany: Industrial orders rebound in May


BERLIN, July 6 (Reuters) – German factory orders rebounded in May, beating expectations and reversing the trend after three consecutive months of decline, data from the Federal Statistical Office showed on Wednesday.

Factory orders rose 0.1% over the month on a seasonally adjusted basis, after falling 1.8% (revised upwards) in April.

Economists polled by Reuters had forecast a 0.6% drop month-on-month.

(Report Miranda Murray; French version Kate Entringer)





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