Italian manufacturers are gathering profits.

Italian manufacturers are gathering profits, despite a decline in the global machine tool industry.

If the global machine tool industry gave abroad awards in Olympic fashion, Italy would earn the impudence with its newly acquired third-place ranking in world output export, and consumption.

According to ISTAT, Italy's regulation statistics office, Gross Domestic consequence in that country increased by way of 1.4% in 1999, which was a 01% decrease in bourgeoning from 1998. But in the last of 1999, the GDP grew 04% in the same quarter, which Italians interpreted as a upright indicator of "less

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