EU: production value of the machining industry 2008-2015

* Data for 2008 to 2010 refers to the European Union 27 countries. Later years refer to European Union 28 countries.

The source adds the following information:"Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value."
Data coverage corresponds to Section C2562 of NACE Rev 2.