Germans offer little hope for exports

British manufacturing exporters hoping for an upturn in demand from Germany got more bad news this week. The summer economic report from finance minister Gunter Rexrodt painted a picture of sluggish demand for investment goods and falling production in the building sector, with only slow growth in retail sales. UK companies have been faced with […]

British manufacturing exporters hoping for an upturn in demand from Germany got more bad news this week.

The summer economic report from finance minister Gunter Rexrodt painted a picture of sluggish demand for investment goods and falling production in the building sector, with only slow growth in retail sales.

UK companies have been faced with the double whammy of high sterling coupled with falling demand in Germany, the biggest market for British goods.