EconomicsIndicators

German Factory Orders Drop, Challenging Merz’s Recovery Push

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German factory orders unexpectedly fell for a fourth month, another setback to the government as it struggles to lift Europe’s biggest economy out of two years of contraction.

Demand declined 0.8% in August, with large orders preventing an even sharper drop, the statistics office said Tuesday. Economists polled by Bloomberg had predicted a 1.2% gain, with just one analyst anticipating a decrease.

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