The Zhitong Finance App learned that according to data released by the German Federal Statistical Office on Thursday, factory orders in July increased 2.5% month-on-month. Previously, the June data was revised to a 3.7% increase. This result far surpassed the median forecast of the 21 economists in the market survey; only one forecast was higher than the actual value. As the pace of recovery in Europe's largest economy accelerated, the month-on-month increase in German factory orders exceeded expectations, and recorded growth exceeding expectations for the third month in a row.

The Zhitong Finance App learned that according to data released by the German Federal Statistical Office on Thursday, factory orders in July increased 2.5% month-on-month. Previously, the June data was revised to a 3.7% increase. This result far surpassed the median forecast of the 21 economists in the market survey; only one forecast was higher than the actual value. As the pace of recovery in Europe's largest economy accelerated, the month-on-month increase in German factory orders exceeded expectations, and recorded growth exceeding expectations for the third month in a row.