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The latest economic data confirms the recovery of the European textile and clothing industry, but Euratex warns that this path could be interrupted. The current problems in supply chains and the unexpected increase in costs associated with energy are a threat, says in a statement the European federation, of which ATP is part.
“The fragile recovery is hampered by higher transport costs and rising raw material and energy prices. The cost of energy, in particular gas, rose sharply – with a strong impact on the industry’s competitiveness. The recovery is also threatened by some factors that limit production, such as the shortage of labor and equipment”, warns Euratex.