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Italy sees decline in textile machinery orders

Related Keywords: demand of textile machinery, global textile machinery, orders of textile machinery, textile machinery market in Italy, textile machinery orders, textile making machines, textile manufacturing

According to the Association of Italian Textile Machinery Manufacturers (ACIMIT), textile machinery orders saw a drop of 2% in the third quarter of 2015 as compared to the same period last year.

The value of the orders index for textile machinery stood at 86.9 points (basis 2010=100) for the period ranging from July to September 2015.

The orders in the foreign market declined abruptly after four consecutive periods of growth. The index of orders has decreased by 4% as compared to the same period last year.

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