BERLIN (dpa-AFX) – According to a survey, the high energy prices are increasingly burdening companies in Germany. The German Chamber of Industry and Commerce (DIHK) spoke of a dramatic situation on Tuesday. According to a DIHK survey, 16 percent of manufacturers in Germany’s key automotive industry have already reduced their production. 17 percent want to relocate their production.
This is the result of a special evaluation of the automotive industry from a DIHK business survey, which was first reported by the “Handelsblatt”. According to the DIHK, the automotive industry is symptomatic of developments in the economy as a whole. The overall results of the economic survey are to be presented this Wednesday.
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