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Business Climate

In focus: The topics of VDMA Lifts and Escalators

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On this page you will find important information about the topic Business Climate - industry-specific or regionally pre-filtered according to VDMA Lifts and Escalators contributions.

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VDMA Economic Survey Q1/2025 - Results

The VDMA Business Survey Q1/2025 ran from March 18 to 28, 2025 and received almost 1240 responses from 940 companies. The mood has brightened slightly. This is a snapshot in view of the latest tariff announcements by the USA.

India and Brazil with tailwind – USA and China under pressure

The global business situation in the mechanical engineering sector remains mixed. While India and Brazil are impressing with good figures, China is struggling with structural challenges. The USA is characterized by the latest tariff policy.

What’s Next for ASEAN in the Wake of Trump’s Tariffs?

In light of Trump’s tariffs, analysts highlight ASEAN’s risks from trade tensions but remain optimistic about the region's resilience. Singapore’s semiconductor industry stays cautious, exporters diversify suppliers and customers amid uncertainties.

VDMA opens office in Southeast Asia

With a liaison office for the ASEAN region, the VDMA aims to support European mechanical engineering in the region. Tiffany Ang has been representing the VDMA in the ASEAN region based in Singapore since January 6, 2025.

Inflation in Russia drives key interest rate to historic highs

On October 28, the Russian central bank raised the key interest rate to 21 percent. At the same time, it indicated that the interest rate could soon rise even higher. The reasons are high inflation and the overheated economy.

Inflation and exchange rate weigh on Turkish exporters

The following summarizes the discussions with VDMA members' branches in Turkey and with Turkish mechanical engineering companies as well as the second meeting of VDMA members in Istanbul.

Uzbekistan on the upswing

Uzbekistan's economy will grow by at least 5 percent over the next few years. Development programs and reforms are ensuring progress.

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