German Factory Orders Log Unexpected Growth

Germany's factory orders grew unexpectedly at the end of the third quarter underpinned by foreign demand, official data from Destatis showed on Monday. However, reinforcing fears of recession, Purchasing Managers' survey results suggested that the private sector contracted for the fourth straight month in October reflecting declines in both manufacturing production and services activity.

from RTT - Top Story https://ift.tt/UM60GV1
via IFTTT