In the third quarter machine tool orders decreased (-19.9%) domestic orders (-45.1%); foreign orders (-1.7%)

27.10.2023 - ASSOCIATION

In the third quarter 2023, the index of machine tool orders compiled by the Economic Studies Department & Business Culture Centre of UCIMU-SISTEMI PER PRODURRE highlighted a 19.9% drop compared to the period July-September 2022. The absolute value of the index was 63.7 (base year 2015=100).

The outcome was due to the reduction in order intake, which manufacturers reported both in foreign and domestic markets. 

In particular, the orders collected from abroad recorded a 1.7% decrease compared to the same period last year. The absolute value of the index stood at 96.2. On the domestic front, orders fell by 45.1% to an absolute value of 24.