Outlook

Despite the current upward trend, there is still great uncertainty about the further development of the Covid-19 pandemic and thus about economic development. Our forecasts are based on the assumption that the effects of the Covid-19 pandemic on economic life will continue to decrease and that there will be no significant changes in the geopolitical situation. It also cannot be estimated whether, to what extent and with what impact the GDL could organize industrial action in the second half of 2021.