DeStatis – German Manufacturing in April 2023: new orders drop by 9.9% year on year

New orders in manufacturing:
April 2023 (in real terms, provisional):
-0.4% on the previous month (seasonally and calendar adjusted)
-9.9% on the same month a year earlier (calendar adjusted)

March 2023 (in real terms, revised):
-10.9% on the previous month (seasonally and calendar adjusted)
-11.2% on the same month a year earlier (calendar adjusted)

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