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German Perspective – 20.07.21

20/07/2021

This week: We are now fast approaching the peak holiday season. In a few weeks the first school holidays will end and the last ones in the Southern parts will begin. In addition to the schools, however, the manufacturing sector is facing company holidays. For the first three weeks in August, almost all businesses are closed. As always, this triggers different developments in our market. On the one hand, the companies here are planning the last productions before the holidays and also the first for the time after. Some contract tanners remain open and with clever use of capacity across the EU, some large operators can also process goods during their holiday weeks.

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