German Aluminium Industry Warns Industrial Competitiveness at Risk
9 Articles
9 Articles
German industry considers its own competitiveness to be as bad as never before.
German industry considers its own competitiveness as bad as never before. Ifo-Institut speaks of a "new low point".
For 31 years, the Munich Ifo Institute has been asking the companies – the result has never been as bad as it is now. The structural problems are going through, the experts warn.
Counterpoints announced a few weeks ago the calamitous state of the German economy, the Ifo Institute (German Economic Research Centre, specialist in the business climate) is adding a layer. German competitiveness is inexorably slipping, and particularly in industry. In October, 36.6% of companies report a decline in competitiveness compared to non-EU countries, compared with 24.7% in July. Never had the Ifo n surveys experienced such a collapse…
German aluminium industry warns industrial competitiveness at risk
The German aluminium industry has issued a stark warning about the future of the country’s industrial competitiveness, as production continues to decline across key segments. According to new figures from... The post German aluminium industry warns industrial competitiveness at risk appeared first on The Metal Packager.
German industry rates its competitiveness against countries outside the European Union at a record low. More than one in three German industrial companies reported a decline in competitiveness in October, the most since the start of the measurement, according to a survey by the Munich-based Ifo economic institute.
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