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Machine tool industry: the high-speed growth trend appears to decline

2019-11-26

The high-speed growth trend of machine tool industry in the global scope appears to decline. The operation data of machine tool industry shows that CNC machine tool output growth in May reached 50%, lower than April 66% level, the industry growth rate has declined. In terms of output, the figure is still up from the previous months. We believe that the decline of the growth rate of CNC machine tool production in May is the normal adjustment in the process of the industry to the peak.

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