Germany Faces Growing Risk of Winter Recession Amid Manufacturing Slump

Post Views: 232 Germany, Manufacturing Slump Germany faces a potential winter recession. Manufacturing orders dropped 5.4% in November. This marks the steepest decline since August 2024. A 58.4% fall in aircraft, train, and ship orders drove the downturn. Foreign demand declined, especially outside the eurozone. Eurozone demand also dipped by 3.8%.   Retail Sales Fall Short of Expectations, Deepening Economic Uncertainty The slump extended across industries. Basic metal orders fell 1.2%. Pharmaceuticals declined 7.2%. Consumer and capital goods saw weaker output. Industrial activity slowe...