Insights Thailand's garment industry is pressing the government to fast-track the EU FTA to counter rising trade barriers, labour costs, and US tariffs. TGMA president Kitkuson said the deal would offset Vietnam's tariff-free EU access. With the US taking 40 per cent of exports, leaders also opposed a wage hike to 400 baht, warning it would strain the labour-intensive sector employing up to 800,000 workers. Thailand’s garment industry has called on the government to fast-track negotiati

Insights Cambodia exported garments, textiles, shoes, and travel goods worth $10.97 billion between January and August 2025—up by 19 per cent YoY. Garments worth $7.73 billion were exported during the period—a YoY increase of 19 per cent, while textiles worth $449 million were shipped abroad—up by almost 35 per cent YoY. Footwear worth $1.4 billion were exported in the period—up by 28 per cent YoY. Cambodia exported garments, textiles, shoes, and travel goods worth $10

Insights The producer prices of industrial products in Germany were 2.2 per cent lower YoY and 0.5 per cent lower month on month (MoM) in August, according to the Federal Statistical Office. Energy prices in August were down by 8.5 per cent YoY and 1 per cent MoM. When energy prices are excluded, producer prices in August 2025 were up by 0.8 per cent YoY and dropped by 0.2 per cent MoM. The producer prices of industrial products in Germany were 2.2 per cent lower year on year (YoY) and 0.5 pe

Insights India is expected to remain the world's fastest-growing major economy, with GDP projected to rise 6.5 per cent in FY26, matching FY25, according to S&P. Growth will be supported by favourable monsoons, easing oil prices, and lower interest rates. Risks include US tariffs, and weaker export demand. Strong services exports, capex push, and policy support will cushion India's economic outlook. India is set to remain the world’s fastest-growing major economy, with gross domesti

Insights The state's textile and apparel industry is under severe stress due to US tariffs, as stalled shipments and order cancellations raise fears of widespread layoffs. However, with India-US trade talks back on track, many amongst the stakeholders are hoping for an early relief. Others urge a cautious approach with all eyes on how things pan out in the coming days. Karnataka plays an important role in India’s textile and apparel ecosystem, accounting for around 20 per cent of the co

INSIGHTS MUD Jeans has become one of the first companies to complete the TESTEX Circularity label, validating its efforts in durability and recyclability while identifying repairability as an area for growth. The pilot confirmed the brand's strengths and supports its Road to 100 initiative, aiming for jeans made entirely from post-consumer recycled materials. MUD Jeans, a leader in sustainable denim, has become one of the first companies to complete the TESTEX CIRCULARITY label, a new programm

The additional tariffs imposed by the US have begun to reduce Vietnam's export momentum and brand profit margins. On September 8, the World Bank lowered Vietnam's 2025 growth forecast to 6.6%. However, think tanks of the Vietnamese government still adhere to the target of 8.3-8.5%, stating that "macroeconomic conditions are favorable". Starting from August 7, 2025, the US has imposed a uniform 20% tariff on most Vietnamese goods exported to the US, and a 40% tariff on third - country goods ide

INSIGHTS The UK consumer price index (CPI) rose by 3.8 per cent in the 12 months to August 2025, unchanged from July. On a monthly basis, CPI rose by 0.3 per cent in the month, the same rate as in August 2024. The CPI for clothing and footwear rose by 0.2 per cent YoY in August, compared to 0.3-per cent YoY rise in July. It rose by 1 per cent month on month in August, unchanged from the July figure. The UK consumer price index (CPI) rose by 3.8 per cent in the 12 months to August 2025, unchang

INSIGHTS India's Department of Commerce is identifying 100 products that are imported in large quantities but can be manufactured within India, thereby either reducing their imports or completely replacing imports with indigenous products, Commerce Secretary Sunil Barthwal has said. The list will be out in the public domain by October. It will include items across engineering goods, chemicals and plastics. As a move towards self-reliance, India’s Department of Commerce is identifying 100

INSIGHTS India's carpet industry, severely impacted by 50 per cent US tariffs, is hoping the renewed India-US trade negotiations make a breakthrough soon. The US market accounts for approximately 60 per cent of India's carpet exports, supporting the livelihoods of more than 2 million people nationwide. With US orders on hold due to tariffs, carpet makers fear losing market share to competitors. The 50 per cent tariffs imposed by US President Donald Trump on Indian imports have impacted not onl