About 40% of German companies expect output decline in 2023 – IW institute

BERLINĀ  – Four out of 10 German companies expect business to shrink in 2023, a survey by the German Economic Institute (IW) showed on Monday, blaming high energy costs, supply chain issues and the continuing war in Ukraine. “The risk of a gas shortage in the 2022/23 winter season is no longer as present as … Continue reading About 40% of German companies expect output decline in 2023 – IW institute