BERLIN—Germany’s BDI industry association said on Thursday it expected Europe’s largest economy to grow 3.5 percent this year, giving a more cautious forecast than the government as it warned companies could face another “stop-and-go year” due to the pandemic.
“The order books are full, but production is not keeping pace with demand. Pandemic restrictions and supply bottlenecks affect large parts of the economy,” BDI President Siegfried Russwurm said.
