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Sold production of grinding, sanding or polishing machines in European Union: Growth in 2016

The variable increased by 13.71 percent in 2016, updated numbers from European Commission present. It's new all-time high since 2010 as machine tool and equipment sold production went up by 15 291 608 Euro, versus the prior year when it went down by 1.18%. European Union saw an increase of 22.85% in machine tool and equipment sold production over the past 7 years. Likewise, it has shown a raise at a 0.03% average annual growth rate over the 5 years with a marginal overall growth since the start of observations. It averaged 113 444 942.86 Euro from 2010 to 2016 and it hit its minimum of 103 239 480 Euro in 2010.

Sold production of grinding, sanding or polishing machines in European Union: Growth in 2016
Date Euro Variation
2016 126 828 328.00 13.71
2015 111 536 720.00 -1.18
2014 112 868 928.00 1.94
2013 110 725 248.00 2.34
2012 108 197 048.00 -10.37
2011 120 718 848.00 16.93
2010 103 239 480.00 N/A

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