Italian woodworking machinery: 3rd quarter 2005 survey


 

The orders’ trend of the third quarter of the year registered a positive sign. In the period July-September 2005, in fact, the total amount of machines ordered increased by 3,4% over the same period of 2004, representing an inversion of the negative trend of the first part of the year. In particular, foreign markets contributed to said positive result with a 3,4% rise, while the Italian market was still suffering and recorded a 0,5% shrinkage. As the figure is not seasonally adjusted and the quarter under scrutiny includes the holiday weeks of August, the comparison with the previous period is not relevant. According to the opinion expressed by the companies in the sample, sales prices remained stable, with a 1,3% rise from the beginning of 2005. The period of assured production at the end of September is around 2,5 months.

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