Reduction in the expectations of the European market of agricultural machinery
December 3, 2008
The barometer of business of the Cema (European Association of manufacturers of agricultural machinery) to which it belongs Ansemat, they show a month a reduction in the expectations of the European market of agricultural machinery pushed by several factors at the national and transnational levels.
A significant fact of all this is reflected in the 'business climate index' which compares the current assessment of the market with the expectation of sales volumes and which has been reduced its rate of growth in the last month dramatically up to 1.7 per cent. Since the summer sector has lived in a rarefied atmosphere, which has resulted in a decline of more than twenty-four percentage points in just five months.