Recovery for Italian textile machinery orders
An industry study the ACIMIT, the umbrella Association of Italian Textile Machinery Manufacturers concludes that the order index for the last quarter of 2012 and for textile machinery increased by 22 % against the previous quarter and on a year to year basis the figures were up 46 %, however on an annual base, orders had a decrease of 4 % index points. Export orders fell 1 % but domestic orders show a decrease of 21 %.