Economics
Euro-Area Prospects Tentatively Pick Up as German Orders Rebound
- Region’s economy remained close to stagnation in October
- German factory orders increased strongly in September
Boring machine manufacture in Schwanau Germany.
Photographer: Patrick Hertzog/AFP via Getty Images
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Economic prospects for the euro area brightened slightly going into the fourth quarter, with strengthening private-sector momentum and an unexpectedly sharp gain in German factory orders suggesting a growth pickup ahead.