Germany's factory orders drop 2.2 percent


(MENAFN) Orders in German factories dropped more than expected in October, giving an unstable sign of recovery in the country's economy, according to Iran Daily. Economy Ministry in Berlin said orders dropped by 2.2 percent from September, when they rose a revised 3.1 percent. Economists' expectations were at 1 percent decline, according to a survey by Bloomberg. Orders progressed 1.9 percent compared to a year ago when adjusted for the number of working days.


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