MNI BRIEF: German Insolvency Rate Slows, 2025 Pickup Expected
MNI (LONDON) - The number of German firms going bust fell slightly in November, Leibniz Institute for Economic Research Halle (IWH) data shows. However, insolvencies among business services firms rose, with early indicators also pointing to a general rise from February 2025.
The number of partnerships and corporations declared bankrupt last month dipped 12% on October’s figure to 1,345, but was still 38% higher than the same time last year and 52% above the November average from 2016-19. As in October, a little more than 11,000 jobs were lost at the biggest 10% of defunct firms.
‘If the high level of early insolvency indicators from November is also confirmed in December, a significant rise in insolvency figures must be expected from February,’ IWH’s Steffen Mueller said.