Growth trend in sales of Germany’s machinery industry peaks in May 2019

The new record of the growth trend is €20.9bn. / In May 2019, the trend growth in production also increased slightly

Growth trend of sales in Germany's machinery industry 2008 - 2019 May
(PresseBox) ( Bochum, )
The new Quest economic report determines the trend growth of production in the German machinery industry. The trend is considered to be the average of the last 12 months. Since March 2017, a production growth trend has developed with a growth rate of 2.1% per year in May. However, the growth trend stood already at 3.5% per year in October 2018.

This growth trend has replaced a five-year stagnation phase. If this stagnation phase is taken into account, mechanical engineering production has grown by 0.6% per year since 2012.

The current value of the production index is 104,1 index points, 2 points below the one-year average with 106,2 index points.

In May 2019, the growth trend in sales in mechanical engineering, which began in February 2014, reached a new high of €20.9bn since the outbreak of the global economic crisis in 2008. This growth trend is 3.0% per annum.

The report about production and sales in German machinery industry is available on https://www.quest-trendmagazine.com/en/machinery-industry/production-and-sales/production-and-sales-of-machinery-industry.html

Another report quantifies the increasing fluctuation ranges of production and sales since the world economic crisis. The link to this report is https://www.quest-trendmagazine.com/en/machinery-industry/production-and-sales/production-and-sales-of-machinery-industry-since-2000.html

The Quest Trend Magazine analyses the growth expectations to 2020 of machine-builders, the worldwide export markets of machinery industry, the majority of its automation-relevant sectors and many aspects of its automation technology at the machines.
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