Italy: Woodworking machinery orders drop sharply in Q2/2019

Italy: Woodworking machinery orders drop sharply in Q2/2019
In the second quarter of 2019 the orders of wood and furniture machinery and equipment in Italy have decreased by 14.4% compared to the second quarter 2018. Foreign demand has decreased (down by 7.1%, versus minus 10.2% in the previous quarter), and domestic demand even worse (minus 36.3%, versus 14.5% down in January-March 2019).    According to the periodical survey by the Studies office of the Italian Acimall, the book of orders is at 2.8 months (it was 3.7 months at the end of March), while prices have been ...

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