German Economy Back on Track with Digital and Electronics Sectors Set to Boom
Germany’s economy is set to return to pre-pandemic levels this year, with the electronics and ICT industries forecasting above average growth in 2022.
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Germany’s economy is set to return to pre-pandemic levels this year, with the electronics and ICT industries forecasting above average growth in 2022.
The global Covid-19 pandemic has led to an accelerated digitalization of daily life. Germany has proposed a European initiative to meet increased demand for semiconductors.
The global Covid-19 pandemic has accelerated the digitalization process in Germany, with business investment levels on the rise.
Around half of all companies in the plastics sector saw order increases in April. However, increased PPE plastics demand is offset by slump in demand in the auto supplier sector.