Italian woodworking machinery: recovery slowing down

Italy (Notifix).- According to Italian woodworking machinery manufacturers association, Acimall, the third quarter 2010 showed a slowdown of recovery, after two quarters

characterized by rather sustained growth.This trend proves that the market is stabilizing to levels that are still far from pre-crisis volumes. The periodical survey, based on a statistic sample that represents the Italian industry of woodworking machinery and tools, is showing a 32.1 percent increase on the same period of last year. Foreign orders increased by 25.9 percent, while expansion on the domestic market amounted to 39.1 percent; these figures are significant, however largely below the growth rates achieved in the first six months.

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