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Vokietijos ekonomika traukėsi antrus metus iš eilės (traders.lt)

Vokietijos ekonomika traukėsi antrus metus iš eilės (traders.lt)

Today the release of preliminary figures revealed that the largest economy in the euro zone and the European Union has retracted from the row in the two years, which last time before it fixed twenty years ago.

This time this country’s gross average product decreased 0.2 percent, which met expectations when over 2023 years the declined 0.3 percent.

Manufacturing volumes declined significantly (by -3 percent), while core sectors such as machinery and automotive manufacturing retracted.The construction industry has also experienced difficulties – due to high construction prices and interest norms the general additional value decreased 3,8 percent, while civil engineering increased.

Germany’s services sector rose by 0.8 percent in the last year , while indicators distinguished from trading,News source

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