Global downturn hits German exports hard

Author (Person)
Series Title
Series Details 11.3.09
Publication Date 11/03/2009
Content Type

Articles report that German exports dropped at an even faster rate in January 2009 than in the last month of 2008, in a stark sign of the impact of the global recession on Europe’s largest economy.

In addition manufacturers booked 8% fewer orders in January 2009 than in December 2009, dragging the total new order volume 35.2% below the level seen at the start of 2008.

Related Links
Germany: Federal Statistical Office http://www.destatis.de/

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