Coronavirus
Surge In Covid Cases, Industrial Bottlenecks Hold Back German Business Optimism

Amid a trying third wave of the COVID pandemic in Germany, a closely monitored indicator of German business outlooks barely rose in April, hinting at a fall in optimism about the economic recovery’s pace in a post-pandemic scenario.
The Munich based Ifo index barely registered an increase of 0.2 points from the previous month’s rating of 96.6. It was also, noted by the Ifo institute that, about 45% of companies reported bottlenecks among suppliers – the most since, 1991. Industries such as the much-vaunted automobile industry in Germany have been forced to hold back production due to a pressing lack of semiconductors.
Economists now expect that the majority of rebound to normal levels, only towards the end of the year as vaccination campaigns gather steam.
-
Banking & Finance1 month ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Bahrain1 month ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance4 weeks ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
Energy1 month ago
Russian Energy Week from October 15-17, 2025 offers alternative formats of cooperation
-
OER Magazines1 month ago
OER, June 25
-
Banking & Finance2 months ago
The Future of the International Financial System to be discussed at SPIEF 2025
-
Retail2 months ago
All services are moving toward personalisation says Tatyana Kim, Founder of Wildberries and Head of RWB
-
Business2 months ago
Over 137 Countries and territories confirm participation in SPIEF 2025