Tue, 21-Oct-2025

German industry still waiting on post-virus boom amid shortages

german industry

FRANKFURT: Germany was yet to see any signs of a “post-coronavirus boom”, the head of the influential BDI industry lobby said on Thursday, as persistent supply chain issues weighed on the economy. Bottlenecks which have plagued manufacturers in Europe’s largest economy through 2021, were set to continue into the new year, the group predicted, with … Read more

German exports rebound as supply bottlenecks ease

German exports

FRANKFURT: German exports bounced back in October from a slump caused by global supply chain bottlenecks, official data showed on Thursday, but analysts warned that the emergence of the Omicron coronavirus variant could cast a shadow over recovery prospects. Europe’s largest economy exported 121.3 billion euros’ ($137.4 billion) worth of goods in October, 4.1 per cent … Read more