German industry bottlenecks not yet acute -Ifo

Newswire

BERLIN, Jan 26 (Reuters) - Supply constraints among German manufacturers are still far from acute, a German economic think tank said on Wednesday, signalling there is further breathing room before bottlenecks could cause inflationary pressures.

The Munich-based Ifo institute said industry's utilisation rate -- a measure of actual output as a percentage of total installed capacity -- in January rose nearly 10 percentage points to 84.7 percent verus the same month last year.

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