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  • German manufacturing recession deepens in August

    From pmi.spglobal.com

    The latest HCOB PMI® survey brought more bad news regarding the health of the German manufacturing sector, as it showed sharp and accelerated declines in new orders, purchasing activity and employment in August. Goods producers in the eurozone's largest economy were also less optimistic about their growth prospects in the coming year. There were further signs of an imminent end to the downward trend in prices in the manufacturing sector that started last year. Costs were little-changed in August, while average factory gate charges showed the smallest monthly fall since the current sequence of discounting began. ... (full story)

  • #1
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  • Sep 2, 2024 4:12am Sep 2, 2024 4:12am
Bye bye Deutschland, this is what u get when you vote extreme left. And I mean by that the actual government, doing everything to go back to the DDR model.
  • #2
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  • Sep 2, 2024 4:18am Sep 2, 2024 4:18am
Its not just Germany. Its got nothing with the current German government to do. Its a decade+ of mismanagement that has left Germany in the ditch. And the current EU energy politics is not making things better.
  • #3
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  • Sep 2, 2024 4:44am Sep 2, 2024 4:44am
How's the Nord Stream investigation ongoing ?
  • #4
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  • Sep 2, 2024 4:46am Sep 2, 2024 4:46am
This isn't fault of German people. It is fault of bought and paid idioticians and central banks that bought them.

The worst enemy and our only enemy are central banks, okay fellas? Neither ghosts nor other wraiths... central fucking banks!!!
  • #5
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  • Sep 2, 2024 5:20am Sep 2, 2024 5:20am
  •  Trader#836C
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noticed that the PMI for europe started going down since they started increasing interest rates
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  •  Trader#9223
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