How's the great green energy transition doing?
Germany's manufacturing sector production in August dipped by 0.2% from the previous month and was 2% lower than the previous year, as reported by Destatis. This decline was slightly worse than the 0.1% drop forecasted by economists surveyed by Dow Jones Newswires.
... alles gut
producers stop producing when buyers stop buying.
not sure energy transition has anything to do with this one
25-35% of costs in the industry are related to energy. They are losing the competition
yes for such a big input wouldn't it have a bigger impact on output then?
Patience! We have a kind of an artificial propped up war econ with billions of subsidies.
Transition to green is hard. That's obvious. But I think Germany will get out of the crisis sooner than others