DeStatis – German Recession: New orders in manufacturing in January 2024: -11.3% on the previous month

New orders in manufacturing:
January 2024 (in real terms, provisional):
-11.3% on the previous month (seasonally and calendar adjusted)
-6.0% on the same month a year earlier (calendar adjusted)

The last time it was so low was in June 2020 in the midst of Covid



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