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Italian textile machinery sees positive order growth in Q2

According to data compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, the order index for textile machinery during the period April to June rose 26 per cent 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 per cent over April-June 2016). On foreign markets, the increase amounted to 22 per cent, and the absolute value of the index stood at 123.4 points.

ACIMIT president Alessandro Zucchi expressed satisfaction about the entire sector and said the data confirms a recovery is underway in the domestic market. This is the third consecutive quarter that the order index has risen.

 
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