Inflationary pressures are increasing due to higher commodity prices.
(Photo: Getty Images, Heidelberg Cement, dpa)
Zurich, Düsseldorf, Munich The price increases for important raw materials and intermediate products will continue well into 2022. At least numerous German industrial companies are preparing for this. A survey by the Inverto purchasing consultancy among around 100 managers and those responsible for purchasing revealed that three quarters of those surveyed expect moderate or strong price increases for preliminary products in the next 18 months.
According to the study, the companies see the supply of plastics as particularly critical, followed by aluminum as well as steel and other ferrous metals. Cellulose and copper are also very important for the companies surveyed.
“At one point or another, the supply of preliminary products is actually at risk,” says Lars-Peter Häfele, Managing Director at Inverto. “Mainly, however, the companies have to reckon with horrendous additional costs.”
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