*NEWS*RECESSION SLOWS ITALY OFF PRD SALES

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*NEWS*RECESSION SLOWS ITALY OFF PRD SALES

 user 2005-12-22 at 10:00:00 am Views: 78
  • #13360

    Recession slows Italian OP market growth – MPA
    December
    2005 – London (UK): Research agency MPA International has published its
    final volume in its two-year cycle of studies into west European
    markets, with a survey focusing on the Italian OP market.
    MPA
    discovered that in the nine broad product categories (including
    envelopes, storage and filing and office furniture), the Italian market
    increased by 2.2 per cent between 2003-2004 to reach €3.8 billion (£2.5
    billion) at manufacturer’s selling price – equivalent to €5.2 billion
    at user buying price.
    The modest growth was attributed to the economic recession in the country.
    MPA predicts “very limited growth” over the five-year forecast period 2004-2009