Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Raw material shortages worsened significantly in May across Germany's construction sector with almost 45% of companies reporting problems procuring material in time, the Ifo institute said Tuesday, almost double the number reporting procurement difficulties in April and 7-fold increase on March. "Capacity utilization in the industry is still high, but supply bottlenecks are causing worries for more and more companies," says Felix Leiss, a survey expert at ifo said.
"Rapidly rising prices of raw materials are creating problems for the industry. Lumber prices have virtually exploded in recent months, and sawmills can't keep up. Steel, too, has become significantly more expensive. Insulation materials and various plastics are also in short supply, according to industry sources," Leiss noted.
Source: Ifo Institute
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.