German Real Estate companies hit highest number of insolvencies in 7 years pic.twitter.com/X3lY2JaMTm
— Barchart (@Barchart) October 5, 2023
Not surprising as home prices have been crashing all year. pic.twitter.com/EmEQ9u3dNI
— Ganges Post (@theGangesPost) October 5, 2023
Good Morning from #Germany, where the construction sector is really crashing. The German PMI Construction Index fell to 39.3 in Sep from 41.5 in Aug, and the lowest level since statistics began. pic.twitter.com/TBvdTPKJpM
— Holger Zschaepitz (@Schuldensuehner) October 5, 2023
#recession … #GFC2 Germany $USD #Liquidity Squeeze edition#GlobalTrade 📉 👀 t.co/LqIK8QsXMd pic.twitter.com/QogA2tHaev
— Invariant Perspective (@InvariantPersp1) October 5, 2023
#Eurozone retail sales declined further showing a negative carry-over in Q3 with consumers drawing down their excess savings moving from overnight to term deposits amid higher interest rates and should be less supportive to consumer spending going forward. pic.twitter.com/wXz8UMgPFb
— Sabrina Khanniche (@skhanniche) October 5, 2023
France and Portugal are adding to the German decline in the Euro area economy