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Furniture industry association VDM raises sales forecast for full year 2011 to +5%

Rate of growth to fall to +3% in the second half of the year

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Published in issue 37/2011
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The German furniture industry closed the first half of 2011 with a year-on-year increase in turnover by 7.3% to €8.172bn, according to information from the Federal Statistical Office in Wiesbaden. This positive development was due, among other things, to price increases in response to the sharp hike in raw material ...

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