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Elevator index up slightly
Sentiment continued to brighten in February 2021 with a slight increase in the Elevator Index. Despite the ongoing corona situation, the German elevator construction industry remains optimistic.
Elevator industry: Optimism at the start of the year
The mood in the elevator industry has brightened at the start of the year. The elevator index rose in January 2021. Despite the second Corona wave, the German elevator industry sees light at the end of the tunnel.
Elevator index rising
VDMA Lift Index in November 2020:The mood in the German lift industry has improved. The ifo business climate index rose to 119.8 points in November, after 115.9 in October. The companies' assessment of the current situation was slightly worse than in the previous month. However, their expectations for the coming months improved noticeably. The business climate in the German elevator industry remains positive despite rising infection figures.
Elevator index continues to fall
VDMA Lift Index in October 2020:The business climate in the German lift industry has deteriorated for the third time in a row since the beginning of the corona crisis. The VDMA Lift Index fell to 115.9 points in October, after 126.4 in September. The companies again assessed their current business situation as slightly less good. But pessimism with regard to the coming six months in particular has increased significantly.
Elevator index down slightly
VDMA Lift Index in August 2020 The mood in the German lift industry is slightly clouded. The VDMA Lift Index fell to 131.9 points in August from 133.7 points in July. The companies surveyed assessed both the current situation and the expectations for the coming six months somewhat more pessimistically than in the previous month.