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.

GDP up by 0.4% in both euro area and EU28

Seasonally adjusted GDP rose by 0.4% in both the euro area (EA19) and the EU28 during the second quarter of 2018, compared with the previous quarter.

Euro area annual inflation down to 2.0%

Euro area annual inflation is expected to be 2.0% in August 2018, down from 2.1% in July 2018.

DIY: Kingfisher can show growth again in the second quarter

Kingfisher has closed the second quarter (ending 31 July 2018) with sales of GBP 3.255 bn and thus with a plus of 3.4 per cent. Like-for-like change with constant currency was 1.6 per cent.

DIY: Bunnings earns a lot at home and loses a lot in the UK and Ireland

he DIY store chain Bunnings recorded an operating revenue of AUD 12.544 bn in Australia and New Zealand in financial year 2017/2018 (ending 30 June 2018). That is an increase of 8.9 per cent.

DIY: Plus 8.2 per cent in the second quarter saves the first half of the year for the German DIY industry

The DIY store trade in Germany made total gross sales of EUR 9.76 bn in the first half of 2018, thus gaining an increase in sales of 1.7 per cent compared to the previous year.

Quarterly Report on the Euro Area, Volume 17 No. 2 (2018)

The European Commission’s Spring 2018 Economic Forecast shows that the period of sustained growth that began in mid-2013 is expected to remain strong at 2.3% in 2018 and ease only slightly in 2019.

Eurobaustoff up 3.7 per cent in the first six months

Eurobaustoff has reported an increase of 3.7 per cent in its centrally invoiced purchasing volume of EUR 3.12 bn in the first six months of 2018.

Consumer price levels in 2017

In 2017, price levels for consumer goods and services differed widely in the European Union (EU). Denmark (142% of the EU average) had the highest price level, followed by Luxembourg (127%), Ireland and Sweden (both 125%), Finland (122%) and the

Large fall in EU Foreign Direct Investment flows in 2017

According to the 2017 preliminary results, Foreign Direct Investment (FDI) flows from the European Union (EU) towards areas outside the EU stood at €120bn, a sharp drop of almost 52.2% compared to 2016 (€250 bn).

Hellweg and Toom Baumarkt resurrect the DIY Union

Hellweg Die Profi-Baumärkte GmbH & Co. KG and Toom Baumarkt GmbH are resurrecting their collaboration in the DIY Union procurement company, which came to an end in January 2013.

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