Germany’s mild goods rebound


BERLIN: Orders for German industrial goods rose by 10.4% in May, rebounding from their biggest drop since records began in 1991 the previous month, data showed yesterday, as demand picked up after lockdown measures to fight the coronavirus were lifted.

The increase was weaker than a Reuters forecast for a rise of 15% and the Economy Ministry said a return to pre-crisis levels will be slow even though the economy is recovering.

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