German manufacturing industry may increase with a slowing rate next year

By: trademagazin Date: 2010. 12. 27. 12:02

In Germany, manufacturing industry output may increase by approx. 5 percent, so 70 thousand new jobs would be created in the sector.

According to the Association of the German Chambers of Industry and of Trade (DIHK), the engine of prosperity will remain the manufacturing industry next year. The sector's annual growth of 5 percent is two times higher, than the expected growth of the GDP.
However, the growth rate will decline, and will be much below this year’s 9.5 percent – reports Origo.

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