Weak figures in the eurozone due to shortage, but future looks bright
Weak figures in the eurozone due to shortage, but future looks bright
Weak figures in the eurozone due to shortage, but future looks bright
Due to shortages in the first quarter, the growth figures in the eurozone were not impressive. Fortunately, the demand is still strong, causing economics to be optimistic. In February compared to January we saw a decline of 1% in industrial production.
Shipping problems and input shortage hick-ups partly caused the shortage. We saw, for instance, chip shortages and a decline in motor vehicle production. The latest has a 16% lower production now than in November.
Despite the disappointing numbers of the first quarter, we see strong demand and new orders. The demands will result in solid growth and global economic recovery.
Rogier Vervoort is co-owner of Trident Container Leasing B.V. With 30 years of experience in the container business, he is a specialist in container leasing and trading.
Weak figures in the eurozone due to shortage, but future looks bright
Due to shortages in the first quarter, the growth figures in the eurozone were not impressive. Fortunately, the demand is still strong, causing economics to be optimistic. In February compared to January we saw a decline of 1% in industrial production.
Shipping problems and input shortage hick-ups partly caused the shortage. We saw, for instance, chip shortages and a decline in motor vehicle production. The latest has a 16% lower production now than in November.
Despite the disappointing numbers of the first quarter, we see strong demand and new orders. The demands will result in solid growth and global economic recovery.
Rogier Vervoort is co-owner of Trident Container Leasing B.V. With 30 years of experience in the container business, he is a specialist in container leasing and trading.