News Digest Item
15 Aug 2017

Industry gives Germany bad grade on energy costs

Association of German Chambers of Commerce and Industry (DIHK)

German industry rates energy costs among the worst of all business location factors, but the results have improved since 2014, according to a survey conducted by the Association of German Chambers of Commerce and Industry (DIHK). The improvement was due to low oil and gas wholesale prices. Energy supply security received one of the best grades. Energy intensive companies gave a better overall rating to Germany’s economic policy with regard to competitiveness, which also provides proof that the German economy is doing well in the summer of 2017, writes DIHK in a paper summarising the survey results.

Find the survey results in German here.

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