Monday, December 5, 2022

Delivery problems and prices are a burden for companies in eastern Switzerland

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The majority of companies assess the current situation as “good to very good”. This applies above all to the sectors that are oriented towards the domestic market, according to Tuesday’s statement on the new economic board for Eastern Switzerland, the IHK St. Gallen/Appenzell, the IHK Thurgau, the St. Galler Kantonalbank and the canton of St. Gallen is issued.

Among other things, the retail trade has stabilized at a high level. But now the war in Ukraine and declining purchasing power are putting pressure on the mood. In the construction industry, almost 60 percent of the companies surveyed complained about a shortage of materials and preliminary products.

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