Companies in Germany have significantly reduced their investment plans, according to a survey from the Ifo Institute published on Friday.
Investment expectations for the current year fell to minus 9.0 points in November, down from 0.1 points in March, the survey showed.
“Due to structural problems and the high level of uncertainty regarding the economic policy framework, companies are holding back on their investments,” Ifo’s economic expert Lara Zarges said.
Companies are also planning less investment in 2025. However, at minus 6.6 points, the figure for 2025 indicates that the decline will be less pronounced than this year, Ifo said.
