The general business climate index for the agricultural machinery industry in Europe has further consolidated its recovery after entering the upswing zone last month. In March, the index increased from -11 points to -5 points (on a scale of -100 to +100).
While the recent recovery in the general business climate has so far been driven primarily by improving general turnover expectations, it is now a significantly improved evaluation of the (still negative) current business.
With a view to the market side, the confidence index has once again improved for nearly all European markets. In the meantime, among others, confidence with regard to the Polish market has significantly recovered, with Poland now leading the European market ranking together with Spain and Italy. When considering the rest of the world, towards non-European markets, industry representatives are by far the most confident with regard to Latin America.
For the full year of 2025, the survey participants expect their company's turnover to slightly increase on average (median and arithmetic mean +3%).