ZVEI – Electrical and digital industry: gloomy outlook for 2024

October 18, 2024
ZVEI - Germany’s Electrical Industry

  • ZVEI member survey: No economic turnaround in sight 
  • Association lowers production forecast for 2024 to minus 7 percent

 

According to a recent member survey by the Association of the Electrical and Digital Industry, a good half of the companies organized in the ZVEI (56%) expect a similar development to the previous year at best by the end of the year. 

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