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November 7, 2022

Mood in the German timber industry has improved slightly in October

After a temporary low point at the start of autumn, the mood in the German timber industry improved in October 2022. The companies assessed their current business situation somewhat better than in the previous month. Pessimism about the coming months also eased slightly. The order books are still full, but fewer and fewer new orders are being reported. In addition, the sharp rise in energy prices, the double-digit inflation rate and the higher construction interest burden the industry economy. Uncertainty in companies remains high.  The assessment of the current situation rose minimally to +6 points in October ...

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