Apparel retail sector continues its climb

10 Jan '06

1 min read

Portugal's retail market of textiles, apparel, shoes and leather products is picking up as indicated by its sales.

November 2005 sales index reached 107.5 points up from 105.8 during October showing a 3.7 percent rise over 2004.

Textile and apparel sales have recorded significant growth in last nine months.

Portugal's GDP grew only 0.3 percent in 2005, but is predicted to increase by 0.8 percent in 2006.

Government has slashed public spending and increased sales taxes in an attempt to cut budget deficit following the EU guidelines.

This may adversly affect the apparel and textile retail sales.

More Apparel/Garments News - Portugal...

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!

THANK YOU!
Subscribe for Newsletter

More News

Dow plans asset shutdowns in Europe to boost margins Jul 08, 2025

US tariff extension to reshape chemical sector supply chains Jul 08, 2025

Air Liquide expands presence in Gujarat with second ASU & CFS Jul 08, 2025

Godavari Biorefineries secures EU patent for anti-cancer molecule Jul 07, 2025

DCM Shriram sets up SFS, 100% owned agri subsidiary in Gurugram Jul 07, 2025

Apparel retail sector continues its climb

Get Free Weekly Market Insights Newsletter

THANK YOU! Subscribe for Newsletter

More News

THANK YOU!
Subscribe for Newsletter