Reuters
High energy costs, weak global demand, a disruptive shift towards net-zero economies, and growing competition from China are raising existential questions for Germany's economic model. CEOs and business lobbies say its historically strong industrial base is close to cracking, a "de-industrialisation" risk often accompanied by calls for government support. Monthly industrial production data give the most obvious snapshots of how the sector is doing, and they show a clear decline since the end of 2017, exacerbated by the COVID-19 pandemic and now the Ukraine war.