The largest economy Europe appeared in a difficult situation

Following the results of May, 2023 manufacturing industry of the largest economy Europe — Germany — got to a difficult situation. Volumes of productions in this sector decreased by 0,2 percent, and during the spring increased only by the same size, reports Izdaniye Frankfurter Allgemeine Zeitung (Izdaniye Frankfurter Allgemeine Zeitung) with reference to data of Federal statistical managements the countries (Destatis). In May production the electric power also was considerably reduced, having fallen to 7 percent in comparison with an April indicator. In power-intensive pharmaceutical branches recession was still big (-13,1 percent). Despite it, department expects...