German industrial orders fell more than expected in July, the federal statistics office said on Wednesday.
A Reuters poll of analysts had pointed to a drop of 4.0%.
"The big fluctuations in new orders seen in the past months therefore continued to be observed in July 2023," said the office, which added that July's sharp decline was due to a very large order in air and spacecraft manufacturing the month before.an unexpected jump in June, rising by a revised 7.6% month-on-month, versus expectations of a 2.0% dip.
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