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Ifo says supply chain issues are causing production capacity to plummet


Ifo comments on the latest situation of German companies

  • Supply chain issues cause problems for businesses
  • The business climate in manufacturing has fallen again, as has services and trade

The sentiment highlighted by the Ifo survey is already evidenced by last week’s PMI readings here. Expect similar conditions to continue through the end of the year and persist into the next year.
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