Manufacturing turnover still low

Manufacturing turnover decreased by 24 percent in July relative to one year previously. The decrease is in the same order of magnitude as in the first six months of 2009. Three fifths of June’s turnover decline was due to lower selling prices.

Turnover declined across the board in June. With a turnover loss of 40 percent, the transport equipment sector was hit hardest. In the sector petroleum, chemical, rubber and plastic products and the (basic) metal industry, turnover decreased above average. With 6 percent, the smallest turnover loss was recorded in the sector in food, drinks and tobacco.

With 28 percent, turnover loss on the foreign market was considerably smaller than on the domestic market (19 percent).

Manufacturing turnover