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German firms expect coronavirus restrictions to last until April

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People in protective clothings are pictured while checking the body temperature of people crossing the German-Polish border on March 18, 2020 in Goerlitz, Germany.

Florian Gaertner | Photothek | Getty Images

German businesses expect coronavirus restrictions on public life to continue for another 8.5 months on average, according to the closely-followed Ifo institute, as the rising number of coronavirus infections in Germany prompts concern.

Ifo’s last business survey in July asked different sectors how long they expect restrictions on public life to last, with service providers expecting restrictions to last 8.9 months, trade-oriented businesses expecting 8.6 months, construction 8.2 months,…



Source cnbc.com

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