Survey of approximately 23,000 companies all sectors conducted by the German Chamber of Commerce and Industry (DIHK) just said more than a quarter were asked to indicate the activity was "good", while 23% rated "good".
According to businesses, the working environment is as negative as the Covid stage. A third of the activity forecasts deteriorated in the next 12 months, higher than 8 points per cent of the survey earlier this year. Only 13% remain optimistic.
Mrs. Helena Melnikov, director of DIHK, said that German businesses were trapped in the double crisis. "In addition to structural problems, now further economic consequences from the War in the Middle East," she said.
- Workers in the Bentley plant in Munich, Germany December 5, 2023. Image:Reuters*
Songs, exports index published by the Ifo Institute of Economic Studies on 26 May, notes the results falling to negative 5.5 points in May, from the negative 1.2 points of April. Timo Wollmershaeuser, Chief of Premiers of Ifo, identified political unrest as still high.
"Despite the export operation has been distinguished in quarter I, the forward prospect remains challenging," he said. Expectations in the auto industry are highly affected. After four months of great optimism, the export forecast declined. Metals have the same psychology.
The first quarter I with the same 2025, the German GDP that once surprised the outcast growth at 0.3%, according to the European Statistics Agency (Eurostat). The prospect of just appearing resulted in the Middle East conflict in late February, making DIHK's latest survey results less likely.
On this basis, the organization decided to lower this year's growth forecast of the European economic ship's head to 0.3%, from a 1% start in January. At 2025, the country's GDP increased by 0.2%, as part of the slowest group in EU.