The most recent data released by European countries continues to show very mixed economic conditions across the continent. While much of the data is still gloomy, some more positive trends are beginning to emerge. Notable amongst the latter are signs of robust recovery in Germany and the UK, together with a rise in the level of loans to European households which suggests improved consumer confidence and some loosening of the exceptionally tight credit conditions so prevalent over the last two years.
Continue reading “German Revival Boosts European Prospects – ITTO European Market Report 30th August 2010”UNECE Region Experiences Largest Ever Recorded Fall in Wood Consumption – ITTO European Market Report 14th August 2010
In 2009, the UNECE region (which includes Europe, North America and the CIS) experienced an 11.6% fall in consumption of wood and paper products, the largest year-on-year drop since the oil crisis of the 1970s. This is a key conclusion of the Forest Products Annual Market Review 2009-2010 jointly published by the UNECE and FAO earlier this month (see http://timber.unece.org/index.php?id=303).
Continue reading “UNECE Region Experiences Largest Ever Recorded Fall in Wood Consumption – ITTO European Market Report 14th August 2010”