GREAT OPPORTUNITIES IN EUROPE WITH INDUSTRIAL AND CONSUMER SECTOR EXPANDING – EPTDA ECONOMIC OUTLOOK REPORT
The European industrial sector is expanding, offering opportunities for EPTDA members in a multitude of market segment.
In Western Europe, Germany’s Industrial Production (up 1.7%) is growing at a faster pace than UK’s Industrial Production (up 1.2%) and France’s Industrial Production (up 0.6%), while in Eastern Europe, Romania’s Industrial Production, up 6.4% during the 12 months through August compared to the August 2016 level, is contributing to the rise in Eastern Europe Industrial Production.
Poland’s Industrial Production during the 12 months through September rose 4.7% year over year.
Europe’s consumer sector is also expanding and the Europe machinery production is accelerating.
Look to the food industry as an area of opportunity during the coming quarters, as Europe Food Production is likely to expand through 2018 but take into account the decline in 2019 which will be brief and mild, but still holds the potential for risk.