Industry woe for 'the sick man of Europe' Germany
Germany underlined its status as 'the sick man of Europe' as its once-mighty industrial sector suffered another slump.In a report that stoked fears that Europe's biggest economy is on course for another quarter of decline, official figures showed production fell 2.4 per cent in August. Sinking feeling: Official figures showed production fell 2.4 per cent in AugustThat was far worse than the 0.3 per cent expected by economists and cast a further shadow over the eurozone as a whole.Carsten Brzeski at Dutch banking group ING said the data was 'a cold shower for everyone hoping for a speedy recovery'.DIY INVESTING PLATFORMSAJ BellAJ BellEasy investing and ready-made portfoliosHargreaves LansdownHargreaves LansdownFree fund dealing and investment ideasinteractive investorinteractive investorFlat-fee investing from £4.99 per monthSaxoSaxoGet £200 back in trading feesTrading 212Trading 212Free dealing and no account feeAffiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.Compare the best investing account for you
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Industry woe for 'the sick man of Europe' Germany
