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Lack of chips a menace to industry, say central bank analysts
Bratislava, 30.08.2021
Advance indicators of industrial production in the Eurozone suggest strong productivity, but real data on production lags behind.As analysts of the National Bank of Slovakia said, industrial production has not reached the pre-pandemic level despite strong demand, more or less stagnating in 2021, the SITA newswire reported. The shortage of chips has become a menace for many producers. Without these tiny components, producers cannot manufacture their products or satisfy orders. The automotive industry is significantly hit in the Eurozone.At the beginning of the pandemic, the production of chips decreased when the closure of the economy also struck the producers of these components. Together with the increase in home office and studying from home, the demand for electronic devices also grew, such as for laptops, phones, tablets and game consoles. All these products are dependent on chips. odkaz na stránku
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