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CECIMO Economic and Statistical Toolbox Q1 2021

Please find attached the new CECIMO Economic and Statistical Toolbox for the first quarter of 2021.

In this issue, you will find the updated CECIMO8 Orders, as well as relevant macroeconomic figures provided by the OECD, the ECB, the European Commission, among others. This issue shows a further improvement in European manufacturing in first quarter of 2021. It also includes the latest market forecast from HPO Forecasting.

This issue of the CECIMO Toolbox looks at data for the first quarter of 2021. Following the start of the recovery in the second half of 2020, it reflects the continued improvement of the global and European manufacturing industry, even the impact of the coronavirus outbreak continues to exist in world markets. Renewed measures and its diverse application across European countries, due to new waves of coronavirus, followed by different vaccination scenarios have created new risks for the recovery forecasts. In terms of the performance of the European Machine Tool Industry, new orders in the 1st quarter of 2021 improved significantly compared to the previous quarter, as well as on an annual basis. Compared to Q1 2020, CECIMO8 domestic orders have increased by +47%, while foreign orders have registered a +31% growth.

Please follow this link to the full issues: