October 26, 2016
Outlook for the global furniture market uncertain
In spite of signs of a stabilisation and a more sustained recovery in various European markets as well as in the US, development of the world economy and of furniture demand over the next few years remains uncertain. Difficulties in Russia, the low oil price as well as a more subdued development in China might all have an impact on global wood furniture consumption in the near future. In Europe, the financial crisis remains a threat lurking in the background and the short and long-term consequences of the “Brexit” – both for the UK and the ...
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