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Quest Trend Magazine Dibergstr. 64 44789 Bochum, Germany http://www.quest-trendmagazine.com
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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

(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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Quest Trend Magazine publishes trends in automation from the users's point of view mainly in machinery industry, automotive and F&B industry. The economic backdrop of these trends are highlighted as well.

The trends are based on market surveys by Quest TechnoMarketing, Bochum, London, specialized in market surveys and marketing for the automation technology for more than 20 years and the publisher of the Quest Trend Magazine in English and German language.

The economic backdrop is analyzed by Quest Research, a department of Quest TechnoMarketing.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.