06 Sep 23 2 min read
Insights
- Germany's manufacturing sector saw an 11.7 per cent decline in new orders in July 2023, according to Destatis.
- This decline follows a 7.6 per cent surge in June 2023 and varied decreases across sectors and geographies.
- Despite this, a three-month comparison showed a 3.1 per cent rise in new orders.
- Turnover also decreased by 1 per cent MoM.
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