The German furniture industry concluded the full year 2022 with a turnover increase of 6.9% to €18.8bn (2021: 17.6bn). However, the Verband der Deutschen Möbelindustrie (VDM), Bad Honnef, attributes the increase primarily to price effects. A double-digit increase of 13.4% in the first half of the year contrasted wit...
Furniture industry increases turnover by almost 7%
Growth nevertheless exclusively attributable to price effects
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