Germany's manufacturing PMI (black) has fallen below any point in 2022. Germany avoided recession last year because of lucky one-offs in auto and chip-heavy manufacturing. Those one-offs were always temporary and aren't there to provide lift in 2023. German recession is coming… pic.twitter.com/AdJFaASVnw
— Robin Brooks (@robin_j_brooks) March 24, 2023
https://twitter.com/anILLwindo/status/1637936095743860737
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