In May 2024, Germany's industrial sector saw steady trends in producer prices, reflecting nuanced shifts across various goods categories amidst persistent challenges, according to the latest report from the Federal Statistical Office (Destatis).
In a pivotal moment for the European textile industry, Mario Jorge Machado has been elected President of EURATEX during its recent General Assembly on June 14th. With an illustrious career spanning decades in the textile sector, Machado brings a wealth of expertise and a strategic vision aimed at revitalizing European competitiveness and sustainability.
In May, consumer goods and services in the Netherlands saw a 2.7 percent rise in prices compared to the previous year, reflecting a stable inflation rate consistent with April's figures, according to Statistics Netherlands (CBS). This steady increase aligns closely with the initial estimates published by CBS on May 31.
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