VDMA cuts forecast for Germany machinery: 2026 production down in real terms
VDMA expects Germany’s machinery and equipment industry to shrink for a fourth straight year in 2026, forecasting production down in real terms, after previously looking for stagnation.
Germany's machinery and equipment industry is expected to contract for a fourth straight year in 2026, with production now seen falling 2% in real terms, the VDMA said on Thursday, lowering its previous call for stagnation. The revision comes after weak output this year, with production down 4.1% in...