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Sold production of sheet metal forming of steel as parts for land vehicles in Hungary increases in 2017

European Commission announced that industrial equipment sold production hardly grew by 1.13% in comparison to the previous year. Industrial equipment sold production increased barely from 73 605 096 Euro in 2016 to 74 440 112 Euro prior year, as it follows the tendency of the previous year when it rose by 7.7 percent. Hungary saw a growth of 5 948.27% in industrial equipment sold production during the last 17 years. Moreover, it has attained the compound average annual growth rate of 0.01% during the five years with a negligible overall raise since the start of observations. It averaged 37 699 593.71 Euro from 2001 to 2017 and it reached its all-time high of 76 985 104 Euro in 2011 and record low of 1 230 768 Euro in 2001.

Sold production of sheet metal forming of steel as parts for land vehicles in Hungary increases in 2017
Date Euro Variation
2017 74 440 112.00 1.13
2016 73 605 096.00 7.7
2015 68 340 992.00 13.39
2014 60 272 888.00 -13.48
2013 69 666 120.00 8.96
2012 63 935 712.00 -16.95
2011 76 985 104.00 57.3
2010 48 941 504.00 69.26
2009 28 915 780.00 -44.3
2008 51 911 624.00 505.81

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