CEMA: The market rise is still not being felt

Although for several months the overall business climate index for agricultural machinery in Europe has been in the positive range and changes quite slightly on a monthly basis, many segments still do not show an improvement in business, indicates the traditional survey of the European Association of Agricultural Machinery Manufacturers and Traders (CEMA). CEMA: Significant improvement in business climate in some segments The new monthly survey shows a slight decline in the index. In October, it decreased from +11 points to +4 points (on a scale from -100 to +100). When divided by segments, there is an observed improvement in the business climate for harvesters and tractors. At the same time, estimates for tillage equipment, transport, and components have been lowered. The confidence index for France remains low, especially when divided into the major segments of tractors, tillage, and harvesting machinery. Germany also does not rank particularly well in these segments, but has ...