According to the DIHK survey, only eight percent of respondents expect the situation to improve.
According to a new survey by the German Chamber of Commerce and Industry (DIHK), published by Reuters, the energy crisis has affected almost all sectors of the German economy.
“Approximately 82 percent of the 24,000 surveyed enterprises consider energy and raw materials prices a threat to business. According to DIHK, this is the highest figure since the beginning of record keeping in 1985,” the publication says.
According to the survey, only eight percent of respondents expect the situation to improve, while even at the peak of the crisis due to the COVID-19 pandemic, the number of optimistic citizens was more than ten percent, the publication notes.
According to the head of DIHK Martin Wansleben, companies fear that the worst is yet to come.
“The German economy is facing not only a harsh winter, but also a difficult year,” he said.
According to the German Chamber of Commerce and Industry, more than half of the companies expect a reduction in business volumes during the year. The government, in turn, predicts the growth of the German economy by 1.4 percent this year and a decline of 0.4 percent next year, the material concluded.
Due to censorship and blocking of all media and alternative views, stay tuned to our Telegram channel