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MNI BRIEF: German Retailers See Supply Issues Ease In Jan

(MNI) Frankfurt

Germany's retailers saw a 'considerable easing' of supply chain issues in January, although more than half still saw delays in goods ordered, a survey published Wednesday by the Munich-based Ifo Institute showed. “With the end of the Christmas season, the pressure has abated somewhat,” Klaus Wohlrabe, Head of Surveys at ifo, said, although he acknowledged ongoing shortages.

Although easing, 57.1% of retailers said not all orders for the month were delivered. That was down sharply on the 81.6% who reported significant delays in December. goods they ordered. In December, the figure was 81.6 percent. The situation in supermarkets has perhaps seen the best improvement, with only 18.4% reporting bottlenecks, down from 64.4% in December.

The ECB meets Thursday with elevated price pressures still in place across the eurozone, in part a reflection of supply chain problems. Any signs on an easing in logistics and stock levels will be a welcome relief for policymakers as they gather.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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