Tough start to 2018 for Italian machinery manufacturers
15/05/2018
This decline was primarily caused by a 22% fall in domestic orders during the period from January to March. Orders from foreign markets fell 9%.
The president of ACIMIT, Alessandro Zucchi, said: “In Italy, we had a rebound effect following the heavy investments made during 2017. The first three months of this year were characterised by a physiological slowdown that doesn’t concern our manufacturers who are used to processing an order portfolio of over four months.”
He added that ACIMIT’s members expect to continue their strong overseas performance in 2017 during the rest of this year and pointed to good results from recent trade fairs as evidence that this will be the case.
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