German industrial production falls 0.7% in March amid Iran war

7 articles · Updated · The Wall Street Journal · May 8

Destatis said output was down 2.8% year on year after February's 0.5% drop, missing economists' expectations for a 0.5% rise.
The conflict has pushed up oil and gas prices, hurting energy-importing Germany, while imports rose 5.1% and the trade surplus narrowed, raising risks to first-quarter GDP.
BDI warned industry may stagnate this year, car sales slowed in April, Volkswagen flagged possible price rises, and supply-chain risks around the Strait of Hormuz cloud any near-term recovery.

Can Germany's half-trillion-euro investment plan reverse its deindustrialization and counter the shockwaves from the Iran war?

Is Germany's industrial decline a temporary casualty of war, or a permanent shift in the global economic order?