Machine tool industry 2019/2020VDW expects production to fall by 18 percent
Although 2019 was better than expected, the VDW is forecasting a decline in production of 18% for the current year. The reasons are a combination of structural change, economic policy and unforeseeable developments.
Page [3 of 8]
 | | | Image 3 of 8 | | | |
In 2019, the machine tool industry almost reached the record level of 2018. Only a 1% decline was recorded. © VDW