net_left Kdata adver left

Around 40% of German companies expect output decline in 2023 - IW institute

Monday, January 9, 2023
Around 40% of German companies expect output decline in 2023 - IW institute © Reuters. FILE PHOTO: The financial district in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski

BERLIN (Reuters) - Four out of ten German companies expect business to shrink in 2023, a survey by the German Economic Institute (IW) showed on Monday, blaming high energy costs, supply chain issues and the continuing war in Ukraine.

"The risk of a gas shortage in the 2022/23 winter season is no longer as present as it was in the summer of 2022, and energy prices have also retreated since then. However, they remain at a high level and production disruptions cannot be ruled out," the IW said in the survey seen by Reuters.

"Moreover, it will only become clear in the course of 2023 how extensive gas and energy supply can be built up for the next winter and the extent of any possible disruptions that could occur in 2023."

The survey of around 2,500 companies showed that around a third of companies expect output to stagnate and the remaining quarter predict business will grow.

Germany's economy, Europe's largest, is forecast to shrink by 0.3% next year, the most among G7 nations, according to the International Monetary Fund, hit by a sudden halt of gas flows from Russia, its former main supplier.

The outlook is particularly bleak in the German construction sector, where more than half of companies surveyed by IW expect a decline in production and just 15% anticipate more business.

The picture is barely brighter in industry, where 39% of surveyed companies forecast a decline, driven by a cautious assessment in the consumer and basic industries.

Leave your comment
HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
22-02-2024 05:37:29 (UTC+7)

EUR/USD

1.0820

+0.0003 (+0.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (0)

EUR/USD

1.0820

+0.0003 (+0.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (0)

GBP/USD

1.2637

+0.0003 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (2)

USD/JPY

150.30

+0.02 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

AUD/USD

0.6552

+0.0001 (+0.02%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (5)

Sell (1)

USD/CAD

1.3503

-0.0002 (-0.01%)

Summary

Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (4)

Sell (4)

EUR/JPY

162.64

+0.02 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

EUR/CHF

0.9517

+0.0001 (+0.01%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (4)

Sell (4)

Gold Futures

2,036.80

-3.00 (-0.15%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Silver Futures

22.927

-0.209 (-0.90%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

Copper Futures

3.8805

+0.0130 (+0.34%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Crude Oil WTI Futures

78.06

+1.02 (+1.32%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

Brent Oil Futures

83.15

+0.03 (+0.04%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Natural Gas Futures

1.782

+0.206 (+13.07%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (10)

Sell (0)

US Coffee C Futures

187.80

+1.55 (+0.83%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (7)

Euro Stoxx 50

4,773.05

+12.77 (+0.27%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (7)

S&P 500

4,981.80

+6.29 (+0.13%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

DAX

17,118.12

+49.69 (+0.29%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (4)

Sell (1)

FTSE 100

7,662.51

-56.70 (-0.73%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Hang Seng

16,503.10

+255.59 (+1.57%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

US Small Cap 2000

1,993.75

-10.39 (-0.52%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

IBEX 35

10,107.20

+69.00 (+0.69%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (4)

Sell (1)

BASF SE NA O.N.

46.405

+0.360 (+0.78%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (1)

Bayer AG NA

28.93

+0.17 (+0.57%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (0)

Allianz SE VNA O.N.

250.70

+1.30 (+0.52%)

Summary

Neutral

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (2)

Sell (7)

Adidas AG

181.44

+0.32 (+0.18%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (7)

Deutsche Lufthansa AG

7.428

+0.089 (+1.21%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Siemens AG Class N

169.42

+0.70 (+0.41%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Deutsche Bank AG

11.994

+0.040 (+0.33%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

 EUR/USD1.0820↑ Buy
 GBP/USD1.2637↑ Buy
 USD/JPY150.30↑ Buy
 AUD/USD0.6552Neutral
 USD/CAD1.3503Sell
 EUR/JPY162.64↑ Buy
 EUR/CHF0.9517Neutral
 Gold2,036.80↑ Buy
 Silver22.927↑ Buy
 Copper3.8805↑ Buy
 Crude Oil WTI78.06↑ Buy
 Brent Oil83.15↑ Buy
 Natural Gas1.782↑ Buy
 US Coffee C187.80↑ Sell
 Euro Stoxx 504,773.05Sell
 S&P 5004,981.80↑ Buy
 DAX17,118.12Buy
 FTSE 1007,662.51↑ Buy
 Hang Seng16,503.10↑ Sell
 Small Cap 20001,993.75↑ Buy
 IBEX 3510,107.20Neutral
 BASF46.405↑ Buy
 Bayer28.93↑ Buy
 Allianz250.70Neutral
 Adidas181.44↑ Sell
 Lufthansa7.428↑ Buy
 Siemens AG169.42↑ Sell
 Deutsche Bank AG11.994↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,610/ 7,780
(0/ 0) # 1,744
SJC HCM7,580/ 7,800
(0/ 0) # 1,764
SJC Hanoi7,580/ 7,802
(0/ 0) # 1,766
SJC Danang7,580/ 7,802
(0/ 0) # 1,766
SJC Nhatrang7,580/ 7,802
(0/ 0) # 1,766
SJC Cantho7,580/ 7,802
(0/ 0) # 1,766
Cập nhật 22-02-2024 05:37:32
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,026.07+1.790.09%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.95025.440
RON 95-III24.16024.640
E5 RON 92-II22.91023.360
DO 0.05S20.99021.400
DO 0,001S-V21.97022.400
Dầu hỏa 2-K20.92021.330
ↂ Giá dầu thô thế giới
WTI$77.94+4.130.06%
Brent$82.33+3.620.05%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.310,0024.680,00
EUR25.830,1527.248,00
GBP30.162,2431.446,11
JPY158,58167,85
KRW15,8919,26
Cập nhật lúc 18:54:00 21/02/2024
Xem bảng tỷ giá hối đoái
adver main right