Declining Numbers in German Mechanical Engineering

Declining Numbers in German Mechanical Engineering

In November 2019, order intake in the mechanical engineering sector in Germany fell by 15% in real terms compared with the previous year. While orders from domestic customers fell by 15%, foreign customers ordered 14% fewer machines. Orders from the euro partner countries fell by 11%, while non-euro countries posted a 16% drop in orders.

VDMA e.V.
https://www.vdma.org/en/v2viewer/-/v2article/render/46402533

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