Alarming economic indicators from Germany: Construction PMI hits a new low, factory orders decline, raising concerns about deflationary pressures ahead.

More disturbing news from #Germany. German #Construction #PMI cratered to 36.2 in November, approaching #COVID lows. t.co/rwnjssSGh5 pic.twitter.com/Xr82qi8J7y

— jeroen blokland (@jsblokland) December 6, 2023

🇩🇪 The HCOB Germany Construction PMI 36.2

Lowest since April 2020!
Excluding pandemic, lowest ever!

Chart: t.co/ow763W0Jf1 #recession pic.twitter.com/8p3Nvnt1e9

— Alex Joosten (@joosteninvestor) December 6, 2023