BBCNEWS World Business Report June 4, 2024 04:45:00
Quite tricky. its manufacturing data, the manufacturing sector is the one most exposed to the problems you have mentioned, the supply issues stop most importantly, they have switched away from russian gas to other supplies of gas and other sources of energy which is very costly so the data has been weak, has been mixed, however a sense that maybe, maybe we are starting to get improvement in the manufacturing sector. 0rders have been starting to rebound, energy prices obviously are down. china is reopening and that is important for the german economy. we are at a turning point and hopefully the...