The 15th ITMF Corona-Survey Business situation and expectation have turned negative

The 15th ITMF Corona-Survey shows that the business situation plunged into negative territory in July 2022.The business situation is worse in Asia than in the rest of the world.Textile machinery is the only segment still in positive territory.Business expectations have also turned negative for the first time since the start of survey in May 2021.South-East Asia and South America are relatively more optimistic,downstream segments as well.