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German factory orders plunge 5.7% in August

Biggest fall since 2009 points to poor growth outlook

[FRANKFURT] German factory orders plunged the most since 2009, underlining the risk of a slowdown in Europe's largest economy.Orders, adjusted for seasonal swings and inflation, fell 5.7 per cent in August, after climbing 4.9 per cent in July, the Economy Ministry in Berlin said on Monday.

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