Orders decline by 5.9 pct in German industry in 2023

BERLIN, Feb. 6 (Xinhua) -- German industry received 5.9 percent fewer orders in 2023 than in the previous year, according to provisional data published by the Federal Statistical Office (Destatis) on Tuesday.

Incoming orders in the automotive industry, the largest in Germany, fell by 4.5 percent. Meanwhile, the country's second-largest industry, mechanical engineering, recorded a slump of 11.9 percent.

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