Persistent Production Gaps Due to Input Bottlenecks
Abstract Ongoing problems with the procurement of intermediates are weighing on the German economy. Three-quarters of companies are currently reporting production losses averaging 7%. The situation will not improve significantly until the second half of 2022. But even in 2023, just under half of pri...
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| Main Authors: | , |
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| Format: | Article |
| Language: | deu |
| Published: |
Sciendo
2022-02-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-022-3110-y |
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| Summary: | Abstract Ongoing problems with the procurement of intermediates are weighing on the German economy. Three-quarters of companies are currently reporting production losses averaging 7%. The situation will not improve significantly until the second half of 2022. But even in 2023, just under half of private-sector companies still expect shortfalls. In addition to the lack of intermediates, the shortage of skilled workers is a permanent brake on production. |
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| ISSN: | 0043-6275 1613-978X |