DeStatis

Thanks to the massive interest rate increase by the ECB, inflatiion, and the totally chaotic policies of the German government (Social Democrats, Greens, and Liberals) Germany has registered the largest decline in residential property prices […]

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