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Market & Supply Watch - April 2017

The EBV Analysis of the Market Situation

The US economy has reduced its imbalances and continues growing at solid rates. Growth in China is decelerating due, among other things, to high corporate indebtedness and overcapacity across industries.

The recovery in the euro zone will only continue at a slow pace. The Economic and Monetary Union (EMU) has survived the sovereign debt crisis, but is gradually evolving into an “Italian-style monetary union” - structural weaknesses are glossed over and preserved by the expansionary monetary policy.

The German economy is experiencing a consumption-driven boom; below this glossy surface, however, its competitiveness is gradually eroding. High unemployment in most EMU countries is keeping inflation low for the time being.

Source: Commerzbank AG - Economic Research

Lead Time Trend of Mentioned Product Groups, Standard Devices in EBV Portfolio