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001122334455554433221100

germany faces economic challenges as exports and production decline

Germany's export economy is struggling, with a 1.7% drop in September exports compared to August, amid rising global competition and high energy costs. Industrial production also fell sharply by 2.5%, raising concerns about the impact of potential US protectionism following Donald Trump's re-election. Economists warn that without swift political action, Germany faces a challenging economic outlook.
@tagesspiegel
British Pound Sterling Euro United States Dollar Chinese Yuan Commerzbank AG VP Bank AG GBR CHN USA DEU Dirk Jandura Volker Treier Thomas Gitzel Donald Trump Jörg Krämer Show more
TradFi, News Article
12:48 07.11.2024

germany faces economic challenges amid declining exports and industrial production

Germany's export economy is struggling, with a 1.7% drop in September exports compared to August, amid rising competition and high energy costs. Industrial production also fell sharply by 2.5%, raising concerns about the impact of potential US protectionism under Trump's re-election. Economists warn that urgent reforms are needed, but political instability following the collapse of the coalition government may hinder necessary actions.
schwarzwaelder-bote.de
Euro British Pound Sterling Chinese Yuan United States Dollar Commerzbank AG DEU GBR USA CHN Jörg Krämer Jandura warned Volker Treier Thomas Gitzel Donald Trump Show more
TradFi, Market Report
11:26 07.11.2024
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