CEMA Forecasts 1.855 Trillion Yen in Shipment Value of Construction Equipment for Fiscal 2017

Shipment values of construction equipment are forecast at 1.855 trillion yen ($18.283 billion) in fiscal 2017, on a par with the previous year, according to the Japan Construction Equipment Manufacturers Association (CEMA). This includes a forecast 822 billion yen in the domestic market, up 2 percent year-on-year, the first rise in two years. The forecast for exports is 1.033 trillion…

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