It's no secret that property prices have soared across the European Union in recent years.

According to Eurostat, house prices have increased on average by 48 per cent and rents by 22 per cent since 2010. And it's not just house prices - the cost of living crisis means just about everything is getting more expensive.

But what are the risks to just looking at the bottom line, hunting for a bargain? How do low-value buy-ins affect European suppliers who are trying to keep prices competitive, yet are faced with higher labour, environmental and raw material costs?

It's not just European flooring and hardware companies that are facing a wave of competition from outside of the EU, steel, chemicals, the agricultural, vehicle, food and textile industries also face stiff externa

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