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New orders in manufacturing in February 2024: +0.2% on the previous month
Real (price adjusted) new orders in manufacturing were up 0.2% in February 2024 month on month after seasonal and calendar adjustment, according to provisional figures of the Federal Statistical Office (Destatis). The less volatile three-month on three-month comparison showed that new orders were 2.8% higher in the period from December 2023 to February 2024 than in the previous three months. However, the increase is mainly due to a large-scale order in December. When large-scale orders are excluded, new orders were down 0.8% in the period from December 2023 to February 2024 compared with the three months before. ... (full story)