Germany December factory orders +2.8% vs +0.5% m/m expectedPrior +3.7%; revised to +3.6%
Factory orders WDA +5.5% vs +2.0% y/y expected
Prior +1.3%; revised to +2.3%
That's a modest beat on industrial orders with domestic orders in particular registering a strong increase of 11.7% in December. Foreign orders dropped by 3.0% on the month, so t
Source: Germany December factory orders +2.8% vs +0.5% m/m expected (https://www.forexlive.com/news/germany-december-factory-orders-28-vs-05-mm-expected-20220204/)
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