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2024

News Analysis: German economy still in trouble despite rebound of manufacturing orders

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FRANKFURT, Aug. 7 (Xinhua) -- The manufacturing industry in Germany recorded a surprise growth in the volume of new orders in June while other indicators remained mixed, indicating a fragile recovery of the economy.

Real (price-adjusted) new orders in manufacturing in June were 3.9 percent higher than in May, according to provisional figures released on Tuesday by the Federal Statistical Office. Previously, new