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German companies retain pessimistic view in direction of the yr forward – survey

  • Solely 23% of firms had been optimistic about prospects for the yr forward
  • 35% of companies count on to make use of fewer individuals subsequent yr
  • Solely 20% of companies count on employment to extend within the yr forward

The survey additionally highlights the continued wrestle in Germany’s industrial and development sectors. For the previous, solely 25% of firms predict a rise in manufacturing whereas 38% had been anticipating a drop subsequent yr. For the latter, solely 13% count on a rise in output whereas 54% count on a decline in output for the yr forward.

This text was written by Justin Low at www.forexlive.com.

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