New data may suggest Germany is veering towards a new post-covid low

The combined picture may confirm that output from Europe’s biggest economy is now running at its lowest ebb since the years after the global financial crisis, apart from the shock of the pandemic

The manufacturing malaise is just one cloud hanging over Germany at a time chancellor Olaf Scholz’s fractious coalition is in disarray. Picture: Kay Nietfeld/dpa via AP, File

The full extent of Germany’s industrial decline in 2023 will be revealed in the coming week with a raft of data that’s likely to hit a new post-pandemic low.

Three days of releases are expected to show monthly numbers for exports, factory orders and production in Europe’s biggest economy all fell in December, according to the median forecasts of economists.