Germany’s economy is facing severe pressure due to a growing shortage of orders, with 41.5 per cent of companies reporting insufficient demand in October, up from 39.4 per cent in July.
This is the highest level since the 2009 financial crisis.
Nearly half of manufacturing firms (47.7 per cent) reported shortages, with the textile industry at 57.7 per cent and furniture at 56.1 per cent.