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German engineering output seen rising 1 pct in 2017 -VDMA
October 5, 2016 / 8:01 AM / a year ago

German engineering output seen rising 1 pct in 2017 -VDMA

FRANKFURT, Oct 5 (Reuters) - German engineering output is expected to rise by 1 percent next year as higher productivity through automation and digitisation outweigh low global economic growth and political uncertainty in key export markets, industry association VDMA said on Wednesday.

The VDMA - which represents large industrial groups such as Siemens and Linde as well as many smaller, family-owned firms - stuck to its forecast for zero output growth this year. (Reporting by Georgina Prodhan; Editing by Harro ten Wolde)

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