Manufacturing turnover higher

Manufacturing turnover was 11 percent higher in August 2006 than in the same month last year. About half of this increase is accounted for by higher factory gate prices. Turnover has been higher than twelve months previously for two and a half years now.

Turnover was up on August 2005 in almost every sector of industry. The sole exception is the paper and publishing industry. The highest increase was observed in wood, building materials and furniture manufacturing. In this sector turnover was 15 percent higher in August than in the same month last year. With a 14 percent increase, sales in the petrochemical industry rose considerably as well.

On the export market the increase in manufacturing turnover was 13 percent up on August 2005. Domestic turnover grew by 9 percent. In the first eight months of 2006, turnover on foreign markets also did slightly better than on the domestic market as well. Manufacturing turnover grew by 10 and 8 percent respectively, compared with the same period of last year.

Turnover industry