German mechanical engineeringVDMA revises production forecast for 2019
The order situation and real production in the mechanical engineering sector weakened significantly in the first few months of 2019. According to the VDMA, there is no improvement in sight. The association has therefore revised its forecast for 2019 as a whole downwards.
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© Statistisches Bundesamt, VDMA
As of July 2019, the VDMA is forecasting a real decline in mechanical engineering production of 2% for 2019 as a whole.
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