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Trends and outlook for the production in the German mechanical engineering industry
The Quest Trend Magazine puts the actual September numbers from the Federal Statistical Office for the production in the German machinery industry into the context since the beginning of the world economic crisis.
Since then this upward movements have been replaced by an up and down resp. a sideways movement of the machinery production.
This large sideways movement is the current main trend. It becomes understandable with view of the sales markets of the German machinery industry:
The worldwide industrial production could also not exceed the pre-crisis level yet. Countries being important for the machine export are showing a mixed situation. Germany and the USA are moving close to their pre-crisis level while China, Mexico, Indonesia, Turkey, South Korea have clearly exceeded theirs; Russia, Brazil, India are stagnating; finally the EU countries are still far away from their pre-crisis level.
Within this large sideways movement a declining tendency in production shows up since the beginning of 2011. This is why the production high in June did not achieve with 120.6 index points that of the previous year (March 2012:136.6). Instead this January production marked a low with 94.9, which is below the lowest value of the previous year.
In September production considerably climbed again to 119.5 index points approaching the current annual high from June (120.6).
The Quest Trend Magazine specifies the outlook for the production in the German mechanical engineering industry.
The large sideways movement can only be overcome by the fact that production will exceed the pre-crisis level of 134.2 and then growing further.
The declining tendency of production within the sideways movement can only be broken through if production index soars over 120.6.
If, however, production would still drop below the low of January 2014 (94.9) or even reach the low of January 2011 (88.1), these setbacks would still be part of the large sideways movement.
The Quest Trend Magazine puts the production of the German machinery industry into the context with analyzes about the shifting of the export markets of the German machinery industry and its highly concentrated export structure. Analyzes regarding the structural changes in the course of the worldwide industrial production highlight the outlook that can be expected.
The link to the article is http://www.quest-trendmagazine.com/...
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