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Weak Pmi: German Economy Slips Into Recession
Summary by Frankfurter Allgemeine
4 Articles
4 Articles
According to a survey conducted by companies in April, the German economy is likely to have shrunk. At the same time, inflationary pressures are on the rise.
·Frankfurt, Germany
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The purchasing manager index fell surprisingly to 48.3 points in April. The services sector in particular suffers from the consequences of the Middle East war.
·Düsseldorf, Germany
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Last month's impact on German activity was remarkable, with the service indicator recording the biggest drop in three and a half years
·Bogotá, Colombia
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BERLIN. The private sector purchasing manager index fell to 48.3 points in April. The recovery was halted by the war in the Middle East.
·Linz, Austria
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Total News Sources4
Leaning Left0Leaning Right2Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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