The FINANCIAL — German manufacturers ramped up production for the third straight month, though the pace of growth slowed in July. Industrial output rose 1.2 percent, less than forecast by economists. The increase was led by carmakers while machinery retreated. Investment-goods production still increased by 2.1 percent. German industry sees growth in output and orders weakening The Economy Ministry said that Germany’s industry is back at nearly 90 percent of pre-crisis levels, and also predicts that improved sentiment and declining short-time work will continue to drive the recovery, but it will take some time. Another report on Friday showed that factory…
Read More »
The FINANCIAL — German manufacturers ramped up production for the third straight month, though the pace of growth slowed in July. Industrial output rose 1.2 percent, less than forecast by economists. The increase was led by carmakers while machinery retreated. Investment-goods production still increased by 2.1 percent. German industry sees growth in output and orders weakening…
You might be interested in
Czech Republic, Romania and Croatia has the highest consumption of beer per capita in Eastern Europe
Friday 5th of August is International Beer Day. Did you know that Czech Republic, Romania and Croatia has the highest…
by Anam Rizvi — In March, Maira Omer had a summer holiday itinerary for what she described as “half of…
The natural disaster picture for the first half of 2022 is dominated by weather-related catastrophes. Extreme tornadoes in the US…
A river-to-sea port located at the confluence of Danube and Prut rivers, which has given the tiny landlocked country of…