After a brief brightening, the mood in the German timber industry continued to deteriorate in November. The companies rated their current business situation significantly worse than in October. The positive news: The pessimism regarding the new year has eased noticeably, probably against the background of hopes that the recession will not be as deep as initially expected by many. The order books are still full, but fewer and fewer new orders are being added. In addition, high energy prices, continued double-digit inflation rates and rising construction interest burden the industry economy ...
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