News Formal

German industry output plunges in June | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

German industry output plunges in June

Germany’s economy ministry says the outlook for the industrial sector remains gloomy despite rising demand. – EPA pic, August 7, 2023.

GERMAN industrial output plunged in June, official data showed today, with the economy ministry warning of a gloomy outlook as high energy prices and interest rates took their toll. Output fell for the second consecutive month, but the drop of 1.5% from a month ago was wider than the 0.1% slip in May, according to data published by the Federal Statistics Office Destatis.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PM says German company investing more due to confidence in govt’s stability | The Malaysian InsightInfineon satisfied with explanation on economic policy, Malaysia Madani, Anwar says.
Source: msianinsight - 🏆 8. / 63 Read more »