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German factory orders likely to increase 1.2% in October - Nomura

Analysts at Nomura expect German factory orders to increase 1.2% m-o-m in October following a 1.0% m-o-m increase in September.

Key Quotes

“An outcome in line with our expectations would take the January level 3.2% above the average for Q3, suggesting strong industrial output growth in coming months.”

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