EU Textile & Clothing Industry Outlook 2024–2025
Production Down, Imports Up, Competitiveness at Risk A challenging macro-economic context for European manufacturing In 2024, the European economy expanded at a moderate pace, with GDP growth reaching 1% (up from 0.5% the previous year). Despite some improvements in market conditions, the overall manufacturing sector remained weak, with performance varying across industrial sub-sectors. One of…
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