The UK retail sector saw a modest but steady growth in February 2025, reflecting a cautiously optimistic consumer landscape. According to the British Retail Consortium (BRC) - KPMG Retail Sales Monitor, total retail sales increased by 1.1% year on year, mirroring the growth recorded in February 2024. While this was a sign of resilience, it fell short of the three-month average growth of 2.4%. However, it remained above the 12-month average of 0.8%, signaling a gradual recovery.
In May 2024, Germany's industrial sector saw steady trends in producer prices, reflecting nuanced shifts across various goods categories amidst persistent challenges, according to the latest report from the Federal Statistical Office (Destatis).
In a pivotal moment for the European textile industry, Mario Jorge Machado has been elected President of EURATEX during its recent General Assembly on June 14th. With an illustrious career spanning decades in the textile sector, Machado brings a wealth of expertise and a strategic vision aimed at revitalizing European competitiveness and sustainability.
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