"A survey by the Ifo research institute in April showed 17.4% of retail companies said they could go out of business, a record high, driven by weak consumer spending and rising competition. Across the wider economy, 8.1% of companies reported existential concerns. The Ifo Institute said the outlook was dim, with insolvencies likely to stay elevated amid geopolitical instability."
"Retailers have been under particular strain as shoppers cut back, while online platforms and low-cost foreign discounters intensify competition. Three core pressures have been weighing on businesses: weak demand and falling orders, rising operating and energy costs, and heavier bureaucracy. Liquidity bottlenecks have also been increasing as customers save or go bankr"
A survey by the Ifo research institute in April found 17.4% of German retail companies feared they could go out of business, a record high. Weak consumer spending and rising competition are cited as key drivers. Across the wider economy, 8.1% of companies reported existential concerns. The Ifo Institute expects insolvencies to remain elevated due to geopolitical instability. Retailers face additional strain as shoppers cut back, while online platforms and low-cost foreign discounters increase competitive pressure. Businesses also report weak demand and falling orders, rising operating and energy costs, and heavier bureaucracy. Liquidity bottlenecks are increasing as customers save or stop spending.
Read at www.dw.com
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