RT Boom Bust July 13, 2024
Quarter growth data thursday and after 2 consecutive negative growth quarters it is expected that germany is technically in a recession the Biggest Issue for the country is industrial output which actually fell more than expected in september dropping 0. 6 percent on the month pointing to ongoing weakness manufacturers which are reliant on exports have also suffered from a slowing World Economy and uncertainty linked to trade and to braggs it and while there have been hopes for a turnaround that hope is fading fast as germanys industry is contract ing due to shifting Consumer Trends shrinking ...