
Purchasing managers’ indices plummet: “The signs of recession could hardly be clearer”
Purchasing manager indices plummet “The recession signals could hardly be clearer” 08/23/2023 4:06 p.m Hardly anyone expected that: the economic indicators in Germany and the euro zone are signaling pronounced weakness. There is no growth in either industry or service providers. Several analysts now expect that the ECB will initially refrain from raising interest rates…