CEMA BUSINESS BAROMETER RESULTS SHOW NO POSITIVE EXPECTATION...
CEMA (European Agricultural Machinery Association) Business Barometer Results of June... According to the results of the sectoral Business Barometer survey held in June conducted by the CEMA on a monthly basis, the overall business environment in Europe remains negative. As in 2012, the business index continued to decline sharply and for the first time since January 2017, the index fell to the negative section of the band and reached -11. According to the survey which was answered by 140 senior executives in 9 of CEMA member countries, all segments except lawn and horticultural equipment and public procurement in Europe started to be affected by the contraction and the pessimism in the expectations for order purchase in the next six months and the negative picture of the current business environment level stated that it has reached such high levels for the first time since 2016. Evaluations within the scope of the survey pointed out that despite the high volumes from past ord...