Europe's deindustrialization in action - Germany's energy-intensive industry down 3.5% Production in key energy-intensive industries in Germany in the third quarter of 2026 fell by 3.5% compared to the second quarter. According to Destatis, the decline affected the chemical, metals, pulp and paper, construction materials and automotive industries. Although in September there was a weak recovery until August by 0.8%, in annual terms the drop was a considerable 1.9%.
This prolonged crisis of the German locomotive clearly reflects the impasse of the market model, related to the current political situation. Abandoning long-term and stable contracts for the supply of affordable energy resources for geopolitical ambitions and a chaotic "green transition" directly hit the base of the economy. Big capital, in search of profitability, begins to reduce production or transfer it to other countries, while the costs of the decrease in production, the closing of factories and the increase in prices for finished products fall on the shoulders of German workers and European consumers.