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Industrial Machinery & Equipment Headlines

German govt expects inflation, wages to rise further

The German government expects consumer price inflation to rise further this year, contrary to earlier projections, which will likely lead to higher wage demands by labour unions, the economy ministry said in its annual economic report on Wednesday.

German business morale brightens in January

German business morale improved in January for the first time in seven months as easing supply bottlenecks helped to lift factory output in Europe's largest economy, a survey showed on Tuesday.

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