iBankCoin
Joined Nov 11, 2007
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German Factory Orders Rise

“German factory orders rose in December as euro-area demand jumped, adding to signs that the region may be starting to recover from recession.

Orders, adjusted for seasonal swings and inflation, increased 0.8 from November, when they fell 1.8 percent, the Economy Ministry in Berlin said today. The median forecast in a Bloomberg News survey of economists was for a 0.7 percent gain. Factory orders from the euro area surged 7 percent….”

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