State of the Industry Report: Italian Textile Machinery - Growth In Orders Continues For Second Quarter in 2017

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