German data is increasingly exceeding expectations, fuelling hopes for an improvement in the Eurozone economy. The industrial orders index increased by 6.9% in December, offsetting November’s 5.2% decline. The year-on-year decline is 6.3% y/y. The low point of the current business cycle was reached in May last year, and since then, the orders index has […]
The post German Manufacturing: Growth is on the Way appeared first on Action Forex.
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