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NEWS: Ifo economist says that virus situation, production bottlenecks is subduing German recovery April 26, 2021 at 09:09AM


Remarks by Ifo economist, Klaus Wohlrabe
– Industrial sector is booming but has problems with pre-production
– 45% of industrial companies complain about pre-production problems, bottlenecks
Nothing here that hasn’t really been foreshadowed by the PMI readings over the past few months really. The supply bottlenecks have also led to higher input costs and in turn, putting upwards

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