Mechanical and plant engineeringVDMA expects significantly higher production for 2018
At the VDMA's economic press conference, association president Carl Martin Welcker announced an increase in the production forecast to 5%. This increase is based, among other things, on good demand prospects in the German mechanical and plant engineering sector.
6 of 6
© Statistisches Bundesamt, VDMA
In 2017, German production of machinery and equipment exceeded the previous year's result by 3.9%. In nominal terms, the production value for the past year is estimated at 214 billion euros. According to the VDMA, this is yet another new record.
6 of 6