Growth trends of production and sales in German machinery industry at 2.9% resp. 3.1% p.a. in September 2018

The trend growth of production and sales has slightly weakened in September 2ß18 compared to one month ago.

(firmenpresse) - The new Quest Economic Report determines the trend growth of production of the German machinery industry. The trend is set to be the average of the last 12 months. Since March 2017, a production growth trend has developed with a growth rate of 2.9% per year until September 2018. In August 2018 the growth rate was 3.3% per year.

This growth trend has replaced a five-year stagnation phase. If this stagnation phase is taken into account, production of machinery industry has been growing by 0.8% per year since 2012.

The new Quest Economic Report uses Bollinger Bands for the first time, a statistical gauge of the fluctuation range of variables that is widespread in the financial world. The Bollinger Bands encloses 95% of all deviations of the values from the average of the last 12 months. Thus they make it possible to see at a glance whether the deviation of the current value from the average of the last 12 months have reached a stage that signals an economic boom or a crisis.

The current value of the production index is just 0.5 index points above the one-year average thus in the midst of the Bollinger Bands, currently far away from any extreme situation.

Sales in the German machinery industry sector are also in a growth trend that began in November 2014. In September 2018, it stood at 3.1% p.a. almost at the same level as production growth.

The current sales index is 112.6 and 3 index points above the average of the last twelve months.

The report about production and sales in German machinery industry is available on https://www.quest-trendmagazine.com/en/machinery-industry/production-and-sales/production-and-sales-of-machinery-industry.html

Another report quantifies by means of the Bollinger Bands the increasing fluctuation ranges of production and sales since the world economic crisis. The link to this report is https://www.quest-trendmagazine.com/en/machinery-industry/production-and-sales/production-and-sales-of-machinery-industry-since-2000.html

The Quest Trend Magazine analyses the growth expectations to 2020 of machine-builders, the worldwide export markets of machinery industry, the majority of its automation-relevant sectors and many aspects of its automation technology at the machines.

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Datum: 08.11.2018 - 06:57 Uhr
Sprache: Deutsch
News-ID 1543760
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Manufacturing & Production

Typ of Press Release: Produktankündigung
type of sending: Veröffentlichung
Date of sending: 08.11.2018
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