- Analytics
- News and Tools
- Market News
- Indicators point to sustained period of German industrial weakness - finance ministry
Indicators point to sustained period of German industrial weakness - finance ministry
Germany's manufacturing industry and exports are suffering from a slowing global economy, the finance ministry said in its monthly report, warning that weak order numbers suggested the industrial slowdown could be lengthy.
But the domestic demand picture seemed healthier, with employment levels still growing as companies took on new staff, if at a slower pace, though the ministry expected the pace to slacken still further there as well.
"Leading indicators as well as shrinking order books point to a lasting period of economic weakness in the industrial sector," the report said.
The report reflects the impression given by a host of indicators recently that the decade-long boom in Europe's largest economy has come to an end, as factors like Brexit and the risk of a trade war weigh on Germany's exporters.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
