Sean Milmo, European Editor03.07.17
Europe’s printing sector, together with its ink producers and other suppliers, have reasons to feel relatively optimistic at the moment after a year in which economic growth spread across most the region.
In its winter economic forecast issued in mid-February, the European Commission, the European Union’s Brussels-based executive, predicted that the economies of all 28 EU member states would continue to grow this year and next year as they did in 2016.
GDP growth in the EU as a whole will reach 1.8% this year and in 2018, with private consumption being the main engine in the region’s recovery.
In major printing sectors like packaging, the economic revival should help to demand to gather pace as consumer expenditure increase. At the same time, it should help to continue to bolster a range of thriving niche segments where growth has been advancing at levels well above GDP rises. This has been in many cases because of the application of new technologies, mostly
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