German industrial output drops
The German economy experienced a decline in industrial production in July, with manufacturing output decreasing by 1.1% compared to the previous month, according to data from the Federal Statistical Office. Year-over-year, production fell by 1.6%, with June's figures being revised downward, reflecting disruptions in the automotive industry and the impact of trade tensions with China on the German manufacturing sector.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)