German econ still stuttersGerman econ still stutters

The German economy continues to be weak, the countries Federal Economics Ministry said Monday. The indicators do not suggesting a rapid recovery. However, factors such as decreasing inflation, rising real wages, and a gradual improvement in the global economy are expected to reduce burdens on the economy and lead to a domestic-driven recovery. In November, there was a decline in production in the manufacturing sector, with decreases in industry and construction but an increase in the energy sector. While there are signs of stabilization in domestic orders, weak foreign demand, particularly from the Eurozone, continues to be a burden. A recovery in the industrial sector is expected later in the year with a domestic revival and increased exports.

By Silvia Orfeo

Silvia Orfeo is a Sr. Politics and Economics Reporter at Nobot.News

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