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German industrial orders plunge 10.6% in August, signaling deepening manufacturing slump
Dagens IndustriLO·DE·3 days ago
The German government upgraded its growth forecast for 2026 to 1.3% and for 2027 to 1.1%, signaling improved economic momentum in Europe's largest economy. The revision suggests a more robust recovery than previously expected, potentially reducing pressure on the ECB to ease policy further. This marks a positive shift in the growth outlook for the eurozone, though the sustainability of the acceleration remains uncertain.
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