Germany suffering most of eurozone economies

Of all the eurozone economies, Germany is suffering most from its inability to control interest rates, with its manufacturing sector declining a further 0.5% in September. Nonetheless, the country will have to leave its manufacturing sector to the mercy of movements in the euro as control over its fiscal and monetary procedures now rests with the European Central Bank (ECB). The manufacturing sector, which accounts for 80% of industrial production, fell by 0.1% year on year to September 2002. However, unless interest rates are cut, the sector is at the mercy of movements in the curren...