Analysis on the Continuous Negative Growth of Metal Cutting Machine Tool Production in China
September 09, 2022
According to China's industrial data released by the National Bureau of Statistics of China, the output of China's metal cutting machine tools in May was 65,000 units, down 24.4% year-on-year. The decline was 5.4 percentage points higher than that in April. This is also the fifth consecutive month of negative growth in China's metal cutting machine tool output. . Compared with April, the output of metal cutting machine tools increased by 0.1 million units in May, and the cumulative output in the first five months was 317,000 units, down 12.7% year-on-year.
