The general business climate index for the agricultural machinery industry in Europe continues to show no movement. In February, the index remains unchanged from the previous month at +2 points (on a scale of -100 to +100).
The general business climate index for the agricultural machinery industry in Europe continues to show no movement. In February, the index remains unchanged from the previous month at +2 points (on a scale of -100 to +100).The overall index shows little movement in the slightly positive range for several months, without any significant narrowing of the spread between negative current business evaluations and positive future expectations. In many segments the upturn has still not materialized in business.
In line with the growth prospects in their domestic market, industry representatives in Germany are more optimistic about a recovery than their French neighbors. At the top of the confidence index regarding potential turnover growth in the coming six months are within Europe currently the UK and the Nordic countries. By contrast, the downturn in the recently strong market Poland seems to have clearly solidified.
