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German industrial orders grows 0.2% in November
Issue date:11/01/2010
Source:Chinamac Journal
(JT)
Latest data shows that German industrial orders of November edged up 0.2% from October, much less than expected gain of 1.4% by economists

On a two-month basis meant to smooth out exceptional spikes in the data, industrial orders fell 1.2% in October and November from the August-September period.

Some analysis attributes the negative performance to sharp decline in auto manufacturing in Germany.
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