Italy Textile Machinery Orders Fell 3% In The Second Quarter

Compared with the first quarter, April -6 month Italy textile machinery The volume of orders received by manufacturers is stable, though the domestic market is still in danger.

Italy textile machinery

According to the economic survey conducted by the Italy textile machinery manufacturers (ACIMIT) association, the textile machinery orders index in the two quarter of 2012 was 100.7 points (2005 = 100), a slight decrease of 3% compared with the previous quarter. However, compared with the same period in 2011, the figure has decreased by 22%, and is still declining.

Italy textile machinery

Italy's orders fell, and the index dropped to 67.9 points, down 23% compared with -3 months in January 2012. The first three months of this year recovered slightly, but the recovery trend did not continue.

Italy textile machinery

In foreign markets, the index increased by 6% compared with the previous quarter, with an index of 110.4 points. These figures are still inferior to the highest figure in the first quarter of 2011.

Sandro, President of Italy Textile Machinery Association, explained: "sales in foreign markets are basically good. However, the domestic market is worrying because the economy is generally uncertain and prevents any investment decisions. "