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Despite the sluggish growth that the UK economy has experienced in the wake of the recession, the carpets and floorcoverings market is estimated to have observed incremental year-on-year growth between 2009 and 2013. However, high inflation and unemployment, along with rising living costs and energy prices, have meant that household budgets have remained squeezed, which has resulted in relatively sluggish growth across the carpets and floorcoverings market during the past 5 years; Key Note estimates the market’s value to have increased by just 4.1% between 2009 and 2013.
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