Trade fairs in a hostile environment
April-May months of events are minor or major, but relevant no doubt for many. In April, the fair Alicante Intermolde already held its 11th Edition with satisfactory results, as things stand. From 7 to 9 may the new Protodesign fair will open its doors at the fair of Valencia and, during these same days, the runway of Milan invites all those interested in the fashion of plastics in the Plast'03. The truth is that the Italian sector data are not for fashion, but surprisingly this has not been obstacle so that the recruitment of exhibiting surface can at least match the previous edition. It is as if no one was so bad as to save not appearing at the fair, as if no one dared to not be there where it should be. Or as if things weren't so bad, as if to a large extent we were more in the dynamics of the caution and be alert of the recession.
The truth is that Europe is on the brink of recession. In the last three months of 2002, the euro zone grew only 0.1% versus the previous quarter, with the aggravating circumstance that Portugal, Greece, Austria, and the Netherlands have experienced setbacks, while Germany and Denmark recorded a stagnation.
But it seems to Spain that it sit well camouflage uniform and is getting unnoticed to the attacks of mass destruction of the crisis. In the same period, its economy grew by 0.3%, 2.1% from the same quarter of the previous year. And in the plastics sector, the year 2002 closed with an increase in the consumption of raw materials of 9.9%, according to Anaip in one of your recent newsletters. Although noting biannual periods is not only detected a slowdown in growth, but also a greater penetration of imported products, which are gaining market share. The Spaniards can already buy and buy products from other countries. The consumption of foreign goods go up. And that is data.
Data are those who point to the lack of household consumption and the lack of investment as the key factors of stagnation. The European, alerted by the fearsome WMD, him has crept through the kitchen individualized destruction of your bank account.
