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
29-05-2023 14:58:33 (UTC+7)

EUR/USD

1.0728

+0.0009 (+0.08%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

EUR/USD

1.0728

+0.0009 (+0.08%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

GBP/USD

1.2340

0.0000 (0.00%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (10)

USD/JPY

140.47

-0.14 (-0.10%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (3)

AUD/USD

0.6533

+0.0011 (+0.17%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

USD/CAD

1.3597

-0.0014 (-0.10%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (6)

Sell (3)

EUR/JPY

150.69

-0.06 (-0.04%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (9)

EUR/CHF

0.9702

-0.0007 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (9)

Gold Futures

1,961.95

-1.15 (-0.06%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Silver Futures

23.363

+0.003 (+0.01%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Copper Futures

3.6750

-0.0070 (-0.19%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Crude Oil WTI Futures

73.17

+0.50 (+0.69%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

Brent Oil Futures

77.42

+0.44 (+0.57%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Natural Gas Futures

2.418

+0.001 (+0.04%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (10)

US Coffee C Futures

180.75

-1.95 (-1.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Euro Stoxx 50

4,343.25

+5.75 (+0.13%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (6)

S&P 500

4,205.45

+54.17 (+1.30%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (9)

DAX

16,013.35

+29.38 (+0.18%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (8)

FTSE 100

7,627.20

+56.33 (+0.74%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (8)

Hang Seng

18,525.00

-221.92 (-1.18%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (5)

US Small Cap 2000

1,773.02

+18.42 (+1.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

IBEX 35

9,219.81

+28.71 (+0.31%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (8)

BASF SE NA O.N.

47.050

+0.140 (+0.30%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Bayer AG NA

54.48

+0.08 (+0.15%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (7)

Allianz SE VNA O.N.

208.15

+0.75 (+0.36%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Adidas AG

154.98

-0.46 (-0.30%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (1)

Deutsche Lufthansa AG

9.265

+0.043 (+0.47%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Siemens AG Class N

156.90

+0.22 (+0.14%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

Deutsche Bank AG

9.820

+0.078 (+0.80%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

 EUR/USD1.0728↑ Sell
 GBP/USD1.2340↑ Sell
 USD/JPY140.47Buy
 AUD/USD0.6533↑ Sell
 USD/CAD1.3597↑ Buy
 EUR/JPY150.69↑ Sell
 EUR/CHF0.9702↑ Sell
 Gold1,961.95↑ Sell
 Silver23.363↑ Sell
 Copper3.6750↑ Sell
 Crude Oil WTI73.17↑ Sell
 Brent Oil77.42↑ Sell
 Natural Gas2.418↑ Sell
 US Coffee C180.75↑ Sell
 Euro Stoxx 504,343.25↑ Sell
 S&P 5004,205.45↑ Sell
 DAX16,013.35↑ Sell
 FTSE 1007,627.20↑ Sell
 Hang Seng18,525.00Sell
 Small Cap 20001,773.02↑ Buy
 IBEX 359,219.81↑ Sell
 BASF47.050↑ Buy
 Bayer54.48↑ Sell
 Allianz208.15↑ Buy
 Adidas154.98↑ Buy
 Lufthansa9.265↑ Buy
 Siemens AG156.90↑ Buy
 Deutsche Bank AG9.820↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,650/ 6,690
(5/ 5) # 1,151
SJC HCM6,645/ 6,705
(10/ 0) # 1,166
SJC Hanoi6,645/ 6,707
(10/ 0) # 1,168
SJC Danang6,645/ 6,707
(10/ 0) # 1,168
SJC Nhatrang6,645/ 6,707
(10/ 0) # 1,168
SJC Cantho6,645/ 6,707
(10/ 0) # 1,168
Cập nhật 29-05-2023 14:58:36
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,944.46+0.50.03%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V22.27022.710
RON 95-III21.49021.910
E5 RON 92-II20.48020.880
DO 0.05S17.95018.300
DO 0,001S-V18.81019.180
Dầu hỏa 2-K17.96018.310
ↂ Giá dầu thô thế giới
WTI$73.20-7.32-0.09%
Brent$77.41-7.22-0.09%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.280,0023.650,00
EUR24.526,4525.899,79
GBP28.234,8229.438,76
JPY162,18171,70
KRW15,3018,65
Cập nhật lúc 14:53:24 29/05/2023
Xem bảng tỷ giá hối đoái
adver main right