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• The majority of surveyed firms were still operating in May, but most of them at reduced capacity.
• The number of temporary or permanent closures is likely to be higher than reported here.
• Almost all of the firms had to pay higher prices for raw materials and for procuring these materials.
• Most firms adjusted their production patterns in response to the situation, in particular by reducing production volumes of some products.
• Companies for the most part held on to their employees, but at times had to reduce salaries. Many increased shifts to ensure social distancing.
• Almost three quarters of companies were impacted by foreign governments’ measures, in particular through drops in imports as well as delays and additional requirements at the border.
• To reduce the economic impact of Covid-19 containment measures, companies most frequently called for financial assistance, followed by measures to facilitate the movement of goods and to reduce input prices.

https://doi.org/10.48565/bonndoc-35