On the 11th local time, the Ivor Institute for Economics in Germany released a report saying that since the 2009 financial crisis, the number of companies reporting a lack of orders has been increasing. Germany's Iver Institute for Economics pointed out that the German economy is currently being hit due to the company's lack of orders. In October, 41.5% of companies reported a lack of orders, compared with 39.4% in July. The head of the institute's survey believes that a lack of orders continues to hinder German economic development, and almost no industry is immune. In manufacturing, almost one in two companies reports a lack of orders. (CCTV Finance)
On the 11th local time, the Ivor Institute for Economics in Germany released a report saying that since the 2009 financial crisis, the number of companies reporting a lack of orders has been increasing. Germany's Iver Institute for Economics pointed out that the German economy is currently being hit due to the company's lack of orders. In October, 41.5% of companies reported a lack of orders, compared with 39.4% in July. The head of the institute's survey believes that a lack of orders continues to hinder German economic development, and almost no industry is immune. In manufacturing, almost one in two companies reports a lack of orders. (CCTV Finance)
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