By SIMON CONSTABLE
It’s been called the engine of growth for all of Europe. Only now it has stalled—big time.
Germany’s industrial sector, so reliable and critical for so many years, has hit a serious slump that experts worry could spread across the continent. According to recent figures, manufacturing output shrank for the 10th straight month in October. Worse still, there are signs that the contraction will continue for longer, with orders for new business falling for the 13th month in a row. Read more here.
It’s been called the engine of growth for all of Europe. Only now it has stalled—big time.
Germany’s industrial sector, so reliable and critical for so many years, has hit a serious slump that experts worry could spread across the continent. According to recent figures, manufacturing output shrank for the 10th straight month in October. Worse still, there are signs that the contraction will continue for longer, with orders for new business falling for the 13th month in a row. Read more here.
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