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October 12, 2022

German timber industry sees a brake on sales

In the German wood industry, the expectations that have been growing pessimistic for months are now also causing the assessment of the current economic situation to deteriorate. Specifically, according to the Munich-based ifo survey in September, the value for assessing the current situation in the timber industry fell significantly to +0.4 points (previous month: +13.4 points). The outlook for the next six months also deteriorated to a value of -68.7 points (previous month: -60.5 points). Overall, the HDH economic indicator fell to -37.7 points in September (previous month: -27.5 points).  The ...

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