DeStatis has released three new statistics (one in English, two in German) indicating a continuing decline of Germany’s economy). And where Germany’s economy goes, the EU follows: Building permits for flats in July 2023: -31.5 […]
Things keep growing worse for the German economy. That will show Putin! Just see how long he can take this Production in industry July 2023 (in real terms, provisional): -0.8% on the previous month (seasonally […]
Germany seems to be going from one bad disappointing economic development to the next. New orders in manufacturing:July 2023 (in real terms, provisional):-11.7% on the previous month (seasonally and calendar adjusted)-10.5% on the same month […]
Things are not going well for the German economy. Exports (calendar and seasonally adjusted exports of goods), July 2023 130.4 billion euros -0.9% on the previous month -1.0% on the same month a year earlier […]
This is especially worrying as revenues should have increased much more due to inflation. The year-on-year increase in the financial deficit seen in the first half of 2023 is mainly due to a sharp increase […]
The calendar adjusted stock of orders was 3.1% lower in June 2023 than in June 2022. Not mercantilism on steroids. Read HERE
Production in industry June 2023 (in real terms, provisional): -1.5% on the previous month (seasonally and calendar adjusted) -1.7% on the same month a year earlier (calendar adjusted) Read HERE
Most German exports in June 2023 went to the United States. After seasonal and calendar adjustment, exports of goods to the United States were down 0.2% compared with May 2023, with the value of exports […]
“Lower demand due to higher financing costs and the persistently high inflation are probably still the main reasons for the decline in purchasing prices.” Also the chaotic heating policy is discouraging people from buying residences […]
Exports to third countries (calendar and seasonally adjusted exports of goods), May 2023 59.4 billion euros +1.0% on the previous month +1.5% on the same month a year earlier Exports to third countries (original values, […]
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