German leather exports hit by rising costs
27/10/2003
The German Leather Federation (VDL) is blaming high raw material costs and the strong Euro for the 8% fall seen in its members’ exports during the first half of 2003. In a briefing given at the recent PLW Fair at Pirmasens, the association said Far Eastern and US exports had been especially badly affected. Domestic sales meanwhile fell 1.7%.
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