German Economy Ministry: Industrial Activity Outlook Remains Weak

The German Economy Ministry announced that the outlook for industrial activity remains weak. In its monthly report, the ministry also wrote that Germany's economic momentum is likely to have temporarily slowed in the third quarter. According to the ministry, given the decline in purchasing power caused by rising energy prices, uncertainties and financing costs, the domestic economy is unlikely to […

The German Ministry of Economy announced that the outlook for industrial activity is still weak. The ministry also wrote in its monthly report that the International Energy Agency predicted a decrease in global oil demand in 2026. The International Energy Agency (IEA) has predicted that global oil demand will decrease by 2.6 million barrels per day in 2026; Is an inflationary shock coming? ING's prediction of the scenario of the return of the dollar's strength! At a glance, ING predicts the monthly inflation of the entire US at 0.7% and core inflation at 0.3%; Every Aramco in China; The first shipment of crude oil arrived at the Hapco refinery. At a glance, the first shipment of Saudi crude oil was sent from the export port of "Jeima" to the integrated refinery and petrochemical complex of Hapco. Italian Prime Minister Meloni: The European Union must have a representative in the negotiations between Russia and Ukraine. Giorga Meloni, the Prime Minister of Italy, said that the European Union must have a representative in the negotiations about the war between Russia and Ukraine. He also announced that Oman has ended the dialogue with Iran about Hormuz. Oman announced that the dialogue with Iran about the Strait of Hormuz has ended. This country also said that the discussions related to membership in the YouTube Times newsletter have been finalized.

The German Ministry of Economy announced that the outlook for industrial activity is still weak. The ministry also wrote in its monthly report that the momentum of the German economy may have temporarily slowed in the third quarter. According to this ministry, due to the decrease in purchasing power due to the increase in energy prices, uncertainties and financing costs, it is unlikely that the domestic economy will provide a significant driving force in the short term.