German industrial orders up by 2.0 percent in June, led by exports

Economic Indicators Associated Press

German industrial orders have increased despite global worries about economic turbulence in Greece and China.

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The Federal Statistical Office said Thursday that orders in manufacturing in June increased by 2.0 percent from a small decrease of 0.3 percent in May.

Domestic orders dropped by 2.0 percent, while foreign orders went up by 4.8 percent. New orders from within the Eurozone were up by 2.3 percent; orders from other countries surged by 6.3 percent compared with May.