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Ihs Boss: This Is No Danger of Recession Due to Chip Shortages
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IHS CEO Holger Bonin expects no major impact on Austria's economy this year due to the lack of chips in the German car industry. "It won't make much difference for this year," said Bonin on Wednesday. Negatively, next year's impact could be that a "direct effect" is currently difficult to predict. The Institute of Higher Studies (IHS) recently predicted economic growth in Austria this year of 0.4 percent and 0.9 percent for 2026.
·Salzburg, Austria
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