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Textile machinery orders grow in Q3 – ACIMIT
06 Nov '12
1 min read
Textile machinery orders for the third quarter of 2012 grew 8% compared to the previous quarter, for an absolute value of 108.2 points (2005=100). Therese figures have been elaborated by ACIMIT, the Association of Italian Textile Machinery Manufacturers.
A comparison with same period in 2011 shows an even greater increase (+53%), a positive results which is due solely to orders origination from foreign markets, whereas the situation in Italy highlighted a decidedly opposite and negative trend.
In fact, orders fro foreign markets rose 11% compared to the period from April to June 2012, for an absolute value of 123.3 points.
This is in sharp contrast to the negative trend in orders from Italian manufactures in the domestic market, where a 13% reduction with respect to the previous quarter resulted in an absolute value of 57.8%; even when compared to the same quarter for 2011, which represented the lowest minimum level since 2010 to the present, the comparison reveals a negative trend of -5%.
Association of Italian Textile Machinery Manufacturers (ACIMIT)
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