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.

EU-Japan trade agreement enters into force

The Economic Partnership Agreement (EPA) between the EU and Japan enters into force on 1 February 2019. Businesses and consumers across Europe and in Japan can now take advantage of the largest open trade zone in the world.

French DIY stores have a positive start to the year

After two months with significant declines, DIY stores in France have started the year 2019 with an increase in sales.

German DIY retailers in Europe: increasing consolidation

An increasing consolidation of locations among the German operators of DIY stores in Europe can be determined for the years between 1999 and 2017.

British DIY chain Wickes sales shrank by 2.5 per cent in 2018

The British Wickes chain had a sales decline of 2.5 per cent to record in 2018.

DIY: The Spanish chain Bricoking is insolvent

The Spanish chain of DIY stores Bricoking has filed for bankruptcy. There will be a second attempt to auction the seven stores which the company operates itself.

Home Depot increases sales by 7.2 per cent in 2018/2019

Global DIY market leader Home Depot has closed financial year 2018/2019 (ending 3 February 2019) with sales of USD 108.203 bn and thus with a plus of 7.2 per cent.

European Economic Forecast Winter 2019

The European economy is expected to grow for the seventh year in a row in 2019, with expansion forecast in every Member State.

January 2019: Annual inflation down to 1.4% in the euro area

The euro area annual inflation rate was 1.4% in January 2019, down from 1.5% in December. A year earlier, the rate was 1.3%.

Production in construction down by 0.4% in euro area

In December 2018 compared with November 2018, seasonally adjusted production in the construction sector decreased by 0.4% in the euro area (EA19) and by 0.9% in the EU28.

European Business Cycle Indicators – 4th Quarter 2018

After moderate decreases in 2018-Q3, the euro-area (EA) and EU Economic Sentiment Indicators (ESI) posted more marked losses of -3.6 points in the fourth quarter. In both cases, the losses were particularly strong in December.

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