Mechanical and plant engineeringVDMA dampens expectations for 2019
At the VDMA's economic press conference, association president Carl Martin Welcker lowered the production forecast for the German mechanical and plant engineering industry. The reason for this is the smouldering trade disputes between the world's major economic blocs.
© Statistisches Bundesamt, VDMA
... production grew by 2.1% in 2018. The importance of exports and free market access increased slightly again last year for mechanical engineering companies from Germany.