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2022

High Energy Prices Force One In Six German Firms To Cut Production

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One of every six German industrial companies feels forced to reduce production due to high energy prices, a survey by the Association of German Chambers of Industry and Commerce, DIHK, showed on Monday.  Nearly a quarter of the companies forced to reduce production have already done so, and another one-quarter are in the process of scaling back production due to sky-high energy prices, according to the survey of 3,500 companies from all sectors and regions in Germany.  With gas supply from Russia reduced and prices of non-Russian gas…














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