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

Related Topics
On the same topic
- 2 min
The German saving rate doesn’t depend on the ECB interest rates
There is a lot of talks about the German savings rate, which is supposed to have increased recently in response to the drop in interest rates, notably the ECB rates.…
- 1 min
The German recession is here
The risk of recession is increasing in #Germany. The figures for industrial production (-7.5% in Q2 at annual rate (see here)) set the context for the GDP figure to be…
- 1 min
The ECB weak capacity to forecast
A few months ago the ECB suggested a rate hike in the fall of 2019. It will finally be a rate cut in September. What is the forecast capacity of…