Italian Textile Machinery: State of the Industy Report 2012

Italy's association for textile machinery, ACIMIT, reported textile machinery orders for the third quarter of 2012 grew by eight percent (8%) over the previous quarter, for an absolute value of 108.2 points (2005=100). A comparison with the same period in 2011 showed an even greater increase (+53%), a positive result which is due solely to orders originating from foreign markets, whereas the situation in Italy highlighted a decidedly opposite and negative trend. In fact, orders from foreign markets rose 11% compared to the period from April to June 2012, for an absolute value of 123.3 points