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BERLIN – German industrial orders posted a smaller-than-expected month-on-month drop in June, data showed on Thursday.
Orders for industrial goods fell by 0.4% on the month in seasonally adjusted terms, figures from the Federal Statistical Office showed.
In a Reuters poll, analysts had predicted a 0.8% decline in June.
Orders also fell in May, by 0.2%, a downward revision after the office initially reported 0.1% growth that month.
(Writing by Rachel More; Editing by Riham Alkousaa)
