German DIW Barometer Drops on Covid, Logistics Problems

German DIW Barometer Drops on Covid, Logistics Problems

Germany’s DIW economic barometer dropped in November, with momentum damped by a spike in coronavirus infections and logistics logjams. Although hiring will probably slow over the winter, the damage wreaked by the pandemic is likely to be less severe than a year ago because vaccines are now available and businesses have learned to adjust, the institute said. 

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