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flag German factory orders plummeted 7% in January, signaling potential economic troubles ahead.

flag German factory orders fell 7% in January, worse than expected, due to drops in machinery and transport equipment orders. flag Excluding large orders, the drop was 2.7%. flag Both domestic and foreign orders decreased, with domestic orders falling 13.2%. flag The decline may signal economic challenges, but plans for stimulus measures and a €150bn EU defence fund offer some relief.

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