Concerns Abound for Europe and Germany’s Manufacturing Sector
Supply Chain Matters
SEPTEMBER 8, 2023
For the specific region of Europe , we noted that the HCOB Eurozone Manufacturing PMI® report for August was headlined with plummeting new orders rates and rapidly depleting backlogs of work across the region. This may be the situation the German manufacturing sector is in. percent in Q1-2023, after declining by 0.2
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