S America´s fabric industry gloomy

The latest statistics show a gloomy period for South America´s fabric manufacturing industry in the third quarter of 2014 with production falling by 11.4 per cent compared to the previous year. However, there was some cause for optimism with fabric orders in the same quarter increasing by 5.7 per cent in Brazil compared to the previous quarter, while they fell by 3.4 per cent in Europe during the same period.