The latest edition of the CECIMO Toolbox has just been released; it is titled for Q2-24 as this is the main data period, although some of the series are more up to date. The Toolbox document groups information into 6 categories covering historical data for the sector, demand, investment, the business climate, general economic indicators and information on related sectors.
The highlights of the latest report include:
- CECIMO8 (the largest machine tool producing nations in Europe) Total Orders (for manufacturers, not necessarily the market) declined in the 2nd quarter of 2024.
- The EU Industrial Production Index (IPI) improved slightly in the latest data indicating a modest uptick in the output of EU manufacturers (of all manufactured products).
- The Global Purchasing Managers’ Index (PMI) fell below 50 – implying contraction of the sector in July and remained there in August (and September).
- Machine Tool Production in the 15 CECIMO countries is forecast to reach €25.8 billion in 2024.
You can download the full document from the members area of the MTA website at https://www.mta.org.uk/members-area/market-intelligence/global-mt-report/ (it is the 2nd item on this page) – you will, of course, need your members login and password to access this.
Alternatively, you can access most of the data on the interactive CECIMO Dashboard which can be linked to via our the members area of our website at https://www.mta.org.uk/members-area/cecimo-dashboard: it appears quite small but if you zoom in (Ctrl-key and +-key) it can be made more readable.