Germany's industry is facing a significant crisis, largely driven by political decisions. The phase-out of nuclear energy, coupled with ideologically driven policies against the automotive sector, has led to severe economic repercussions. This economic turmoil is set to burden citizens, who are already strained to support expanding social programs, masking political failures with their own contributions.
The political leaders can point wherever they want: they are only pointing into a dark fog of ideological emptiness and nothingness.
In April, Germany's manufacturing sector saw a decline in price-adjusted sales by 0.9% compared to the previous month. March's figures were revised from a 0.7% drop to 0.4%. Year-over-year, April's sales were 3.2% lower after calendar adjustments.
Additionally, the new orders in April fell short due to a lack of large orders. Orders dropped by 0.2% from the previous month and were down 1.6% year-over-year, adjusted for calendar effects. Economists had expected a 0.6% rise. March's decline was also revised from 0.4% to 0.8%.
It's screaming for a deep crisis to come as the economic cycle is finally entering its finishing phase.