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23 May
15:10

German electronics industry activity falls in spring

Order intake by Germany’s electrical and electronic industries in the first quarter was level with the first quarter of 2018, but weakened in March, according to its federation, ZVEI. The federation notes that domestic business developed better than exports. Inland orders rose by 2.4% while foreign orders dipped by the same degree. Revenues remained roughly the same (+0.8%) year-on-year at €47 billion ($52 billion), achieved at roughly equal levels in…
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