Recovery expected this year

Italy’s national association for machine tools, robots and automation systems, UCIMU-Sistemi Per Produrre, is predicting recovery in the year ahead. According to forecasts developed by UCIMU, production should grow to €5795m (+16.6% versus 2021), driven by the recovery of exports, which should amount to €3220m (+11.8%), and by an increase in deliveries of Italian manufacturers to the domestic market, which should rise to €2575m (+23.2%). Consumption should also regain its dynamism, registering a 23.3% upturn and reaching €4175m, while UCIMU expects imports to attain €1600m (+23.6%).

For further information www.ucimu.it