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Bottlenecks tighten further across German industry

by Mike Robinson

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© Reuters. FILE PHOTO – A fully automated windscreen adjustment by Kuka on a Mercedes Benz A-class model at the Daimler factory, Rastatt (Germany), February 4, 2019 REUTERS/Kai Pfaffenba

BERLIN (Reuters). – German companies complained of supply constraints in November. 74.4% reported problems procuring raw materials. This is a four percentage point increase on October, according to the Ifo institute.

Klaus Wohlrabe, the director of the Munich institute warned that “there is no sign for the hoped-for relief”. He also said that the restrictions would continue to feed into the prices.

Wohlrabe said that “Never before have so many businesses stated they will raise prices.”

Munich-based Institute said that its survey of German businesses had revealed sharper supply shortages in all sector except electrical equipment, where problems were reported by 85% of respondents.

This sector was still one of the worst affected, alongside machine building, which reported 86% problems and auto, which had 88%. Only 40% of the sector that was most affected by this crisis reported problems with their drinks manufacturing processes.

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