CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee
General Market News

This public area provides general market news on regions or sections such as automotive, construction, consumer or the industrial market. Also, you can find here the latest developments in European hand tool related markets, such as inflation, employment or production figures. Also, you will find information on the European DIY market. To find out about the specifics and have access to all statistics and documents, please visit our Members Area.

Technology remains top of global sector PMI rankings in May

  The latest set of Markit Global Sector Purchasing Managers’ Index (PMI) data signalled that technology and industrials continued to drive global economic growth on a sectoral basis in May, supported by stronger expansions in telecoms and financials.    

Brexit – Change & Opportunity

The UK formally invoked Article 50 of the Treaty of the European Union on March 29, 2017, signaling its intent to withdraw from the EU. At that moment, negotiations between the UK and EU began, fundamentally redefining the political and

Europe Sector PMI in May: Strongest rise in technology output since August 2000

The Markit Global Sector Purchasing Managers’ Index (PMI) indicated strong growth in many categories in May.

Strengthening Europe’s Industrial Leadership – Joint Declaration

CEO partner organisation Orgalime has, along with 22 other signatories representing key industrial and research stakeholders, called on the European Commission, European Parliament and the Council of the European Union to develop an ambitious next EU Research & Innovation Framework

Home improvement retailers in France grow with the market

The French home improvement and do-it-yourself market picked up pace again in 2016, surpassing the sales level of € 25 bn.

Further growth signalled in eurozone retail sector in May

Eurozone retailers recorded a rise in like-for-like sales for the second successive month in May.

May 2017: Euro area annual inflation down to 1.4%

Euro area annual inflation is expected to be 1.4% in May 2017, down from 1.9% in April 2017, according to a flash estimate from Eurostat, the statistical office of the European Union.

European Economic Forecast – Spring 2017

The European economy has entered its fifth year of recovery, which is now reaching all EU Member States. This is expected to continue at a largely steady pace this year and next.

Intellectual property management at trade fairs

Trade fairs and exhibitions are very important marketing tools for companies, in particular for SMEs. They help to attract new customers, test products, access new markets, raise the image, profile and popularity of a company or product, and enhance competitiveness.

Hornbach continues to gain most growth abroad

The DIY and garden stores of the German Hornbach group made sales in the last financial year 2016/17 (ending 28 February 2017) of € 3.7101 bn, thus achieving growth of 5.0 per cent.

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