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.

General industrials on top of European sector growth in August 2018

  Stronger growth was seen in a number of European industry sectors in August, as signalled by the latest Europe Sector Purchasing Managers’ Index (PMI) data from IHS Markit.

DIY: Hornbach looks to expand in Sweden with more compact stores

Hornbach aims to expand further in Sweden with smaller stores than those opened hitherto.

Euro area job vacancy rate at 2.1%

The job vacancy rate in the euro area (EA19) was 2.1% in the second quarter of 2018, stable compared with the previous quarter and up from 1.9% in the second quarter of 2017.

Annual growth in labour costs at 2.2% in euro area

Hourly labour costs rose by 2.2% in the euro area (EA19) and by 2.6% in the EU28 in the second quarter of 2018, compared with the same quarter of the previous year. In the first quarter of 2018, hourly labour

Production in construction up by 0.3% in euro area

In July 2018 compared with June 2018, seasonally adjusted production in the construction sector increased by 0.3% in the euro area (EA19) and by 0.4% in the EU28.

Euro area annual inflation up to 2.1%

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

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.

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