ITTO European Market Report 15th November 2012

1. Key business sentiment indicators

Drawing on Eurostat data, the four charts below provide a snapshot of recent trends in market sectors important to the European wood industry. Data is provided for the EU as a whole and for the seven EU countries that are the largest individual markets for Chinese wood products in Europe.   Overall, they indicate low levels of business confidence and particularly weak activity in the European construction sector. However there are some signs of recent improvements in business confidence in a few EU Member States in September and October 2012.

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