Economy + Business

VDW

German machine tool industry on record course

In the third quarter of 2018, incoming orders in the German machine tool industry fell by 2% compared to the same period of the previous year. Domestic orders fell by 1%. Foreign orders fell by 2 percent. In the first nine months of the current year, orders rose by 7%. Domestic orders rose by 20 percent, while orders from abroad increased by 1 percent.

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