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.

January 2020: Production in construction up by 3.6% in euro area

In January 2020 compared with December 2019, seasonally adjusted production in the construction sector increased by 3.6% in the euro area (EA19) and by 3.9% in the EU27.

Kingfisher only publishes unaudited figures

On account of the coronavirus situation, Kingfisher has put back the publication of its sales figures scheduled for yesterday, 24 March 2020, by two weeks; this was in response to a request by the Financial Conduct Authority addressed to the

COVID-19 outbreak leads to largest collapse in business activity ever recorded

The eurozone economy suffered an unprecedented collapse in business activity in March as the coronavirus outbreak intensified, according to provisional PMI® survey data.

fischer Group – Review and preview on the global fastener market

In this feature by Fastener + Fixing Magazine, global fastener business leaders present their perspective on the global fastener industry.

Annual inflation up to 1.4% in the euro area

The euro area annual inflation rate was 1.4% in January 2020, up from 1.3% in December. A year earlier, the rate was 1.4%.

European Commission White Paper on Artifical Intelligence

In order to foster an active dialogue between multiple stakeholders and set out policy options to tackle the challenges posed by Artificial Intelligence, the European Commission has just released a White Paper entitled “On Artificial Intelligence -A European approach to

DIY: Coop Bau + Hobby maintains stable sales despite one store less

The Swiss DIY store chain Coop Bau + Hobby made sales of CHF 630 mio (EUR 592 mio) in 2019; which is practically the previous year’s level, or rather an increase of CHF 1 mio (EUR 0.94 mio) or 0.2

DIY: Obi increases sales by more than 6 per cent

Obi, market leader in Germany and number three in the European DIY trade, increased its sales by around EUR 500 mio to an overall EUR 8.2 bn last year.

Trade preferences boost developing countries’ exports to the European Union

Exports to the European Union from developing countries using special tariff preferences under the EU’s Generalised Scheme of Preferences (GSP) reached a new high of €69 billion in 2018.

February 2020: Eurozone business bucks virus impact as growth hits six-month high

The eurozone economy grew at its fastest rate in six months during February, according to flash Purchasing Managers Index (PMI) data.


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