No sign of ‘post-coronavirus boom,’ German industry boss says

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DPA

The economic upswing in Germany has not yet gathered pace, as the coronavirus pandemic continues to cause business widespread uncertainty, industry leaders said on Thursday as they presented their overview of the year ahead. The president of the German Federation of Industries (BDI), Siegfried Russwurm, said in Berlin that the order books were full, but production was not able to keep pace with demand. With pandemic-related restrictions and supply bottlenecks affecting many sectors, it is threatening to be another “stop-and-go year” for the economy, he said. Companies in the automobile, electr…

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