forexGermany Industrial Orders Rise More Than Expected; Retail Sales Growth Accelerates

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Germany Industrial Orders Rise More Than Expected; Retail Sales Growth Accelerates

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Germany's industrial orders grew more than expected in January underpinned by robust foreign demand and retail sales growth accelerated, data from Destatis revealed on Monday. Industrial orders expanded 1.8 percent month-on-month, faster than the economists' forecast of +1.0 percent but slower than the December's 3.0 percent increase.

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