DeStatis – Germany: Real earnings down 4.1% in 2022 year on year
Real earnings down for the third consecutive year in 2022. German workers once again supporting German mercantlism by accepting wage cuts. Read Here
Real earnings down for the third consecutive year in 2022. German workers once again supporting German mercantlism by accepting wage cuts. Read Here
Bad new for a mercantlist economy that is not growing: In December 2022, German exports were down by 6.3% and imports by 6.1% on a calendar and seasonally adjusted basis compared with November 2022. Read […]
This is always a problem for a mercantile nation and support the IMF prediction of a developing world recession Read Here
This is not good news for a mercantilist nation: Real (price adjusted) new orders in manufacturing decreased by 5.3% on a seasonally and calendar adjusted basis in November 2022 compared with October 2022, according to […]
This is the German Green’s idea of a clean energy transition. More than a third of the electricity produced in Germany comes from coal-fired power plants Electricity production from natural gas up 4.5% despite high […]
Retail turnover, October 2022 (provisional, calendar and seasonally adjusted) -2.8% on the previous month (in real terms) -1.7% on the previous month (in nominal terms) -5.0% on the same month a year earlier (in real […]
There goes the construction sector as well. New orders in main construction industry, September 2022 -3.6% on the previous month (in real terms, seasonally and calendar adjusted) -22.6% on the same month a year earlier […]
Exports to third countries (calendar and seasonally adjusted exports of goods), October 2022 61.2 billion euros -1.6% on the previous month +15.3% on the same month a year earlier Read Here
Consumer price index, October 2022 +10.4% on the same month a year earlier (provisional result confirmed) +0.9% on the previous month (provisional result confirmed) Harmonised index of consumer prices, October 2022 +11.6% on the same […]
While domestic orders slightly increased by 0.5%, foreign orders went down by 7.0% in September 2022 on the previous month. New orders from the euro area decreased by 8.0% and new orders from other countries […]
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