Market Report, "Consumer Appliances in Germany", Published
In a reflection of the growing global concern with the unresolved Eurozone crisis and the threat of deindustrialisation in Europe, volume growth slowed considerably in major appliances in Germany during 2012. While small appliances maintained a steady performance in 2012, the overall performance of consumer appliances was dragged down by the weaker showing of major appliances. Marginal increases in the German savings ratio was noted in 2012 and this indicated lower consumer spending throughout...
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