Weak Production of the Industry: Siechtum Continues
3 Articles
3 Articles
With its tariffs, Donald Trump is putting the local industry – and German politics – under adjustment pressure to increase productivity. Delicate hopes for a cyclical recovery are dwindling.
Pessimism in the German Chemical Industry. Trade Agreement with the Us May Worsen the Mood Even More
The industry's subdued performance is also negatively impacted by the worst demand in 16 years
The mood in the chemical industry deteriorated significantly in July. The business climate index dropped to -19.2 points, after -9.5 points* in June. The assessment of the current situation dropped from -26.0 to -28.8 points. {/mprestriction} This is the lowest level in two years. Expectations slipped back into the negative range, from +8.6 to -9.2 points. "The temporary hope of chemical recovery has faded," says ifo industry expert Anna Wolf. T…
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