Holger Zschaepitz(@Schuldensuehner):Good Morning from Germany, where industrial production unexpectedly fell for a second straight month, down 0.7% in March, led by weakness in energy and machinery. Despite a small uptick in Q1 GDP, the data point to ongoing stagnation and raise doubts about Chancellor Merz’s promise to make 2026 a “year of growth,” as geopolitical risks and trade tensions rise and economic reforms fail to gain traction.

Holger Zschaepitz

@Schuldensuehner

Holger Zschäpitz is market maniac @Welt and Author of 'Schulden ohne Sühne?' a book on states' addiction to debt. Pics:

Joined May 2009

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Holger Zschaepitz@Schuldensuehner

2026.05.08 10:04

Good Morning from Germany, where industrial production unexpectedly fell for a second straight month, down 0.7% in March, led by weakness in energy and machinery. Despite a small uptick in Q1 GDP, the data point to ongoing stagnation and raise doubts about Chancellor Merz’s promise to make 2026 a “year of growth,” as geopolitical risks and trade tensions rise and economic reforms fail to gain traction.