# Textile market (market for textiles)

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- Post ID: 592517
- Modified: 2023-07-25T21:11:40+00:00
- Language: en

## Definition

Because of the weight of household purchases of clothing in the cost-of-living index and also because of its potential importance for foreign trade, the market for textiles is closely watched by central banks. - See unit value ratio, two-pillar principle. - Cf. ECB Monthly Bulletin of December 2004, pp. 64 ff., ECB Monthly Bulletin of October 2005, pp. 40 ff. (detailed presentation, overviews; p. 42: share of expenditure on clothing and footwear in the HICP). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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