️ Germany - Industrial Production (July):
47 Articles
47 Articles
The fall recorded in July was mainly due to a 9.2% reduction in the production of the automotive industry. One of the decisive factors for this fall was, according to a statement by the German Automobile Industry Association (VDA), a stoppage of production of several weeks.
The signs in German industry have been green for months. However, the full order books cannot prevent a damper in the summer. This is also extremely clear. This is the reason for the crisis in the car industry in particular.
German industrial output falls unexpectedly in July
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- 55% of the sources lean Right
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