• Indicators point to sustained period of German industrial weakness - finance ministry

Noticias del mercado

22 julio 2019

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.

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: