The orders index for textile machinery drawn up by Affiliation of Italian Textile Machinery Companies (ACIMIT), for the time period from Oct to December 2019, showed an 8 for each cent fall compared to exact time period for 2018. Orders compiled by Italian machinery producers were in unfavorable figures each overseas and on domestic markets in Italy.
An 8 for each cent slide was recorded overseas, with the complete benefit of the index standing at 89.4 points. On the other hand, the fall in order collection on the domestic current market stood at seven for each cent, compared to the fourth quarter 2018. The complete benefit of the index stood at 138.one points.
Just after a difficult year, the Italian textile machinery sector is looking to 2020 with some diploma of concern. “For the existing year, there are many mysterious things, each at an economic and political stage, that do