In October, solely 18.2% of firms reported issues within the newest survey by Ifo – down from 24.0% in September. In line with the financial institute, this sees that “issues are virtually again to pre-crisis ranges”. Including that “firms ought to plan now for future shortages, diversify their provide chains and improve stock ranges”.
This does point out that the fabric shortages within the German manufacturing sector have eased however there may be nonetheless no optimistic improvement with regards to the worsening demand outlook I am afraid.
