Interviews
EU clothing industry reports positive trends
05 Jun '08
2 min read
Evidently this average figure masks divergent evolutions with a strong reduction in consumer prices in PL, LT, UK, DK, IE, CZ and CY while increasing very rapidly in BG, EE, GR, RO and SE.
Moreover during 2007 household textiles prices decreased less markedly than in 2006 (-0.1% instead of -0.8%) contrary to carpet prices who went up more strongly by +0.9% compared to +0.4% in 2006.
As a matter of consequence, retail sales in the EU 27 increased by +5.1% in value and by +4.7% in volume across 2007, the steepest increase of the last four years ….but the first indications for 2008 show that responding to a slowdown in economic activity, retail sales turned negative both in values and volumes. The dip in the growth rates are the continuation of the decrease started during the third quarter 2007.
Click here to read more details:
Moreover during 2007 household textiles prices decreased less markedly than in 2006 (-0.1% instead of -0.8%) contrary to carpet prices who went up more strongly by +0.9% compared to +0.4% in 2006.
As a matter of consequence, retail sales in the EU 27 increased by +5.1% in value and by +4.7% in volume across 2007, the steepest increase of the last four years ….but the first indications for 2008 show that responding to a slowdown in economic activity, retail sales turned negative both in values and volumes. The dip in the growth rates are the continuation of the decrease started during the third quarter 2007.
Click here to read more details:
European Apparel and Textile Organisation
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-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
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