The growth was boosted by a positive contribution in the household consumption expenditure, which rose by 0.3% in the European Union and 0.2% in the Euro area.
Markets
Germany and Italy will be the most affected European countries by the economic downturn, according to the entity’s forecasts.
The American giant believes that India maintains in force trade barriers that stop international trade, while Turkey has already reached enough economic development.
Of the four largest economies in the region, Colombia was the only one that improved its performance in the last year, while Mexico slowed down, Brazil stagnated and Argentina entered into recession.
Instability, corruption, infrastructures and barely diversified economies are the obstacles for the economic development in the eternal promise of the world.
The World Trade Organization’s (WTO) World Trade Outlook Indicator registered in February its lowest level since March 2010.
The outbreak of fashion giants into sustainability has accelerated the research and development of new materials, but for many companies to enter that universe is still a utopia.
In the month of Christmas campaign, US retail sales shrank by 1.2%, its sharpest decreased since September 2009.
The third world power saves another year with a growth of 0.7% but with the risk of stagflation, and now faces two key years, with tax increases and the Olympic Games.
The specialized researcher in fairness, transparency and resilience of algorithmic systems addressed the challenges of machine learning in fashion during the first edition of Shaking Fashion.
The European Commission has activated a new phase of the process of withdrawal of tariff benefits for this Asian country, the one that made the most progress in the implementation of collective bargaining in textiles.
The region that grows the most in the globe faces major challenges after years of rapid development: from the ageing of the population to the transformation of its economic model.
The largest groups of fashion distribution face a complex scenario in the first links in the value chain, that is, supply. The wages increase in Bangladesh puts even more pressure to the margins and leaves no way out: Ethiopia is far from the Asiatic country.
The last forecasts of the International Cotton Advisory Committee (Icac) point out that at the end of the 2018-2019 campaign, China will be again the world’s largest producer of this raw material.
News on the latest macroeconomic indicators related to the textile- and fashion industry worldwide.