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Germany: collapse in demand for aircraft and ships

Industrial orders' decrease for German economy

According to provisional data released by the German Federal Statistical Office Destatis, an industrial orders' sharp decrease has occurred in Germany in April.The German Ministry of Economy is convinced that the collapse is due to the weakening of the demand for vehicles that are not cars and trucks. The drop in orders is in fact attributable to capital goods (-5.6%) and to the weak demand for...

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AVIONEWS - World Aeronautical Press Agency