German Factory Orders Fall 1.4% Amid US Trade Talks
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币界网报道：German factory orders unexpectedly dropped by 1.4% in June, missing analyst expectations of a 0.5% rise, according to the Federal Statistics Office. The decline was driven by weak domestic demand, with domestic orders falling 2.9%, while foreign orders edged up 0.2%. The data signals continued economic challenges for Europe's largest economy amid global trade tensions. Economists warn the slump in manufacturing could weigh on Q2 GDP growth, though some note recent stabilization in business sentiment surveys. The figures come as Germany engages in key trade negotiations with the US and China.
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