A wave of insolvencies is sweeping across Germany: the economy is under pressure. Based on 10,000 companies, there were a total of 4.5 company bankruptcies in Germany in November.
Most were in the transport and storage sector with 9.6 cases. This was followed by other economic services (such as temporary employment agencies) with 7.5 cases. However, the number of consumer bankruptcies fell by 1.0 percent to 5811. For January to November 2023, this results in an increase of 1.1 percent to 61,460 cases.