Angebotslage

Angebotslage is a German economic term describing the supply-side conditions of an economy or market. It refers to the capacity and willingness of producers to supply goods and services at given prices, reflecting factors such as production capacity, utilization, input costs, technology, and the reliability of supply chains. The concept is often contrasted with Nachfragelage, the demand-side conditions.

Key components of the Angebotslage include production capacity and utilization rates, the availability and cost of inputs (labor, materials, energy), productivity and technology, the organization and reliability of物流 and distribution, and inventories or procurement conditions. External factors such as regulation, infrastructure, exchange rates, and energy prices also shape supply conditions. Disruptions—such as natural disasters, geopolitical events, or pandemics—can sharply affect the Angebotslage by constraining supply or raising costs.

Economists monitor various indicators to assess the Angebotslage, including capacity utilization, industrial production data, supplier delivery times (PMI), inventory levels, producer price indices, and energy and input costs. The strength or weakness of the Angebotslage has implications for prices, inflation, and economic growth: tight supply conditions tend to raise prices and limit output, while improved supply conditions can ease inflation and support growth.

In German economic reporting, the Angebotslage is routinely analyzed alongside the Nachfragelage to understand overall inflation pressures and macroeconomic prospects. Related concepts include the supply chain, capacity utilization, and the broader supplier side of the economy.