DIHK Economic Survey Early Summer 2018
The Association of German Chambers of Commerce and Industry (DIHK) is presenting the results of its Economic Survey Early Summer 2018 with the analysis “Upswing under scrutiny”.
Business situation: According to the results of the survey, the German economy remains in good shape. The business assessment is at the second highest value in the last 25 years. However, companies rate their business situation somewhat less positively than at the beginning of the year. The bottlenecks in the supply of skilled workers are becoming apparent.
Business Expectations: Companies are somewhat less optimistic about their future business. They are clearly aware of the obstacles and risks: the greatest concern across all sectors is the shortage of skilled workers, followed by labor costs and the economic policy framework conditions. In particular, the companies mention the high bureaucratic burden, concerns about global politics and the tax system that is too complex and not investment-friendly.
Export Expectations: Export expectations are undergoing a significant slowdown. The uncertainty in the discussion on the future of world trade is evident here. Fewer companies expect to be able to realize further growth under these conditions.
Investment Intentions: The companies want to continue investing heavily. Compared to the record value of the previous survey, investment plans are only declining slightly.
The current survey can be downloaded below:
Pages: 48 pages | File size: 2.2 MB