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Italian Textile Machinery: Growth in Orders Continues For Second Quarter

By   /   August 1, 2017  /   No Comments

Milan, Italy – According to data compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, the order index for textile machinery during the period from April to June rose by 26% compared to the same period in 2016. The value of the index stood at 117.3 points (basis: 2010=100).

Specifically, significant increase in orders was recorded for domestic market, where the index stood at an absolute value of 92.9 points (+66% over April-June 2016). On foreign markets, the increase amounted to 22%, and the absolute value of the index stood at 123.4 points.

ACIMIT president Alessandro Zucchi expressed the satisfaction of the entire sector: “The data confirms that a recovery is currently underway for our domestic market. This is the third consecutive quarter that the order index is on the rise.”

Source: ACIMIT

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