German Of The Day: Abschwung

That means downturn.

Downturn

German industry hit by biggest downturn since 2009 – Output falls 5.3% in year to October, weighing on eurozone growth outlook.

Germany’s sprawling industrial sector is suffering its steepest downturn for a decade, underlining how the engine of the eurozone’s biggest economy is sputtering.

In der deutschen Industrie geht der Abschwung mit einem schwachen Start ins vierte Quartal weiter. Im Oktober haben die Betriebe ihre Gesamtproduktion erneut deutlich zurückgefahren.

 

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