German industrial machinery output is expected to rise just 1 percent this year
Germany's VDMA engineering association on Monday again lowered its forecast for machinery production growth in 2022, citing the conflict in Ukraine, global supply chain difficulties and the impact of the coronavirus pandemic. VDMA said it now expected production of "Made in Germany" industrial machinery to rise 1 per cent in 2022, after cutting its forecast …
German industrial machinery output is expected to rise just 1 percent this year Read More »