Energy crisis: Important parts of German industry are shrinking sharply – Economy


Of

Alexander Hageluken

There was a surprise recently: Contrary to expectations, German economic output did not decline in the third quarter. Gross domestic product rose sharply from July to September, fueling hopes that Germany is only facing a mild recession. But now it is becoming apparent that important parts of German industry are shrinking drastically – and that this could even be exacerbated by political mistakes. This emerges from two analyses Süddeutsche Zeitung present.



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