Germany December industrial orders +3.2% vs +2.0% m/m expected

  • Latest data released by Destatis - 6 February 2023
  • Prior -5.3%; revised to -4.4%

After the heavy drop in November, German factory orders are seen bouncing back a little in December. As a whole in 2022, new orders recovered amid a rebound since the pandemic - with the levels at the end of last year being 1.9% higher than in December 2019.

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