German production fell -1.8% in June over one month (excluding construction). It has fallen in 5 of the last 6 quarters and in Q2 the decline is -7.5% annualized rate. The graph, since 2000, does not reassure me, Germany is heading for recession

German production fell -1.8% in June over one month (excluding construction). It has fallen in 5 of the last 6 quarters and in Q2 the decline is -7.5% annualized rate. The graph, since 2000, does not reassure me, Germany is heading for recession

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