German industry reels from anti-Russian sanctions

May 8th 2022 6:07am EDT

Production decline in March exceeded analysts’ expectations German industrial production dropped more than expected in March, data released on Friday by the country’s statistics office shows. According to Destatis, Covid-related supply chain issues have been exacerbated by the conflict in Ukraine. Production slid by 3.9% last month following a 0.1% increase in February, far outstripping […]

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