Factory activity levels slump in Germany - winter recession pending?
Source:
Euronews.com
4 il y a des mois
Germany is facing a potential winter recession due to a significant decline in factory activity and new orders, particularly in the manufacturing sector. November saw a 5.4% drop in new orders, the steepest since August 2024, driven by a 58.4% decrease in orders for aircraft, trains, and ships. Retail sales also fell short of expectations, raising concerns about consumer sentiment and economic growth. Article complet (Euronews.com)