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German factory orders plummeted 7% in January, signaling potential economic troubles ahead.
German factory orders fell 7% in January, worse than expected, due to drops in machinery and transport equipment orders.
Excluding large orders, the drop was 2.7%.
Both domestic and foreign orders decreased, with domestic orders falling 13.2%.
The decline may signal economic challenges, but plans for stimulus measures and a €150bn EU defence fund offer some relief.
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Los pedidos de las fábricas alemanas cayeron un 7% en enero, lo que indica posibles problemas económicos por delante.