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German industry’s order books filled up for the sixth month in succession in October, making them fuller than before the crisis began. Orders grew due to the good demand in the domestic market and overseas by 2.9 percent to previous month, as the Federal Ministry of Economics and Technology announced. Economists interviewed by Reuters had […]
After the collapse due to the corona crisis in the spring, the German economy grew at record speed in the summer quarter. The gross domestic product rose between July and September by 8.2 percent compared to the previous quarter. German economy is therefore likely to contract by 5.5 percent the current year. This would make […]
In August, their exports rose for the fourth month in a row, by 2.4 percent compared to the previous month, as the Federal Statistical Office announced. As reported German companies exported goods worth 91.2 billion euro and imported goods worth 78.5 billion euro in August 2020. However, compared with August 2019, exports in August 2020 […]