According to the results of March this year, the order volume of industrial enterprises in Germany decreased by 10.7% compared to the previous month. The fall in the first month of spring was the largest since April 2020. informs “Interfax” referring to statistics from the German Ministry of Economy.
“The volume of orders given to industrial enterprises in Germany in March decreased by 10.7% compared to the previous month. The decrease in the indicator has been a record since April 2020, ”says the material.
At the same time, the March drop turned out to be significantly higher than analysts had predicted. Experts polled by Trading Economics assumed that German industrial companies’ order volume in the first month of spring will decrease by only 2.2%.
29 March Germany Federal Statistical Office reportedIt has been reported that Germany’s public debt has reached a record level, reaching 2.37 trillion euros due to the coronavirus pandemic and spending to fight the energy crisis. The country’s national debt reached a new high, up 46.1 billion euros, or 2%, compared to the end of 2021.