The German mechanical engineering companies are also struggling with a lack of raw materials and intermediate products in important emerging countries. After overcoming the corona restrictions, the extremely tense supply chains now dampened business, as the industry association VDMA reported on Thursday from its autumn survey of member companies. Nonetheless, there will be double-digit increases in sales in Brazil, Russia, India and China in the current year. Without the disruptions, higher growth would undoubtedly have been possible, declared the association in Frankfurt.
In China, the companies did not expect any above-average growth impulses. The problems in the real estate sector particularly affected the providers of construction machinery and their suppliers. In India, on the other hand, things are going up steeply again after heavy sales losses in the previous year. Only a few companies expected declining orders there. (dpa / mer)
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