Declining Production in German Mechanical Engineering

Declining Production in German Mechanical Engineering

In the first ten months of the year, production in the German mechanical engineering sector fell by 1.8% in real terms compared to the year before, while order intake fell by 9% in the same period. For the coming year, the VDMA continues to expect a further decline in production of 2% in real terms. The reason for this is a continuous faltering of the global economy.

 (Bild: Statistisches Bundesamt, VDMA e.V.)

(Bild: Statistisches Bundesamt, VDMA e.V.)

VDMA e.V.
https://www.vdma.org/en/v2viewer/-/v2article/render/45913465

THIS MIGHT ALSO INTEREST YOU