Digital industry plans hiring and expects rising prices

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The good economic situation is also accompanied by a growing demand for workers. Employment expectations rose significantly, by 4.5 points to 23.3 points. This means that the majority of companies intend to hire additional workers in the next three months. At the same time, many companies expect prices to rise in the coming quarter. The price index rose sharply by 8.0 points to 14.4 points compared to the previous month.

The mood in the economy as a whole has also brightened overseas chinese in europe data considerably. The ifo business climate rose by 8.5 to 11.2 points. The business situation improved by 5.6 to 12.0 points. Expectations turned positive, increasing by 11.4 to 10.5 points.

While the third wave of infections is keeping Germany on tenterhooks, there is great optimism in the digital industry . With the acceleration of the vaccination campaign and the prospect of falling infection numbers, the Bitkom companies are expecting strong economic impulses," says Bitkom President Achim Berg. "Business is currently doing better than ever in the Corona crisis. The assessment of the business situation has improved almost continuously over the past twelve months. With their solutions, the Bitkom companies are helping other industries, private consumers and administrations to get through the crisis better. Demand is correspondingly stable despite the pandemic-related restrictions."