Germany Manufacturing Production Expected to Dip Again in 2024

Germany’s industrial production is expected to dip for the second year in a row, DW reports.

At Hannover Messe 2024, Federal Association of German Industry President Siegfried Russwurm said the manufacturers struggled due to energy prices and the ongoing war in Ukraine.

He said high interest rates and supply chain challenges are making the situation worse.

Production might decline by 1.5% just like last year.

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