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German DIW Barometer Drops on Covid, Logistics Problems

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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