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COVID-19: China helps German firms weather pandemic

Germany’s industrial sector avoided a contraction in December last year, despite COVID-19 lockdowns at home and abroad, as strong demand from China helped export-oriented manufacturers in Europe’s largest economy weather the COVID-19 pandemic. Industrial output was flat on the month after an upwardly revised increase of 1.5 percent in the previous month, figures released by the German Federal Statistics Office showed. This was the first stagnation following seven consecutive months of expansions. The main drag came from construction where output fell by 3.2 percent. Looking at core manufacturing alone, output rose by 0.9 percent on the month. “The German manufacturing sector has performed

Corona-Ticker: Licht an - Bayerns Wirte wollen Öffnung im März

Corona-Ticker: Licht an - Bayerns Wirte wollen Öffnung im März
br.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from br.de Daily Mail and Mail on Sunday newspapers.

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