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Shortages: Germany held back by bottlenecks

2021-10-14T16:27:36.575Z

Parts shortages affect industry and fuel inflation. From our correspondent in Berlin Trader Aldi's Essen and Hanover stores have canceled the launch of their home-stamped ready-to-wear sales campaign: deliveries from China are long overdue. The setbacks of the German supermarket giant are the latest to date listed in the press, which is already predicting a dry Christmas . Shortage of materials and industrial components combined with logistical di



From our correspondent in Berlin

Trader Aldi's Essen and Hanover stores have canceled the launch of their home-stamped ready-to-wear sales campaign: deliveries from China are long overdue. The setbacks of the German supermarket giant are the latest to date listed in the press, which is already predicting a dry Christmas

.

Shortage of materials and industrial components combined with logistical difficulties to explain the slowdown in growth observed across the Rhine. Thursday, October 14, the main economic institutes revised their GDP growth forecasts for 2021 to 2.4%, pushing back the prospect of a catch-up to next year (4.8%).

"The German economy should return to normal use of its capacities in the course of 2022",

warn the six organizations involved in this seasonal exercise.

See also

IMF and G20 tackle global problem of product shortages

The evil, over which the leaders of the G20 and the IMF are plotting in Washington, is by no means endemic.

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Source: lefigaro

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