Further growth manufacturing turnover

Manufacturing turnover was 11 percent up in February 2010 on February 2009, whereas in January manufacturing turnover was 7 percent up on January 2009. It needs to be taken into account that the major downturn started in November 2008. Subsequently, in the first nine months of 2009, manufacturing turnover was 20 to 30 percent below the level of one year previously. The decline has slowed down ever since. In December, turnover increased for the first time.

February 2010 had just as much working days as February 2009. Prices of manufacturing products sold in February 2010 were 6 percent up on February 2009.

The results within the sector manufacturing industry vary; some branches achieved better turnover results, some faced loss of turnover. Petroleum, chemical, rubber and plastic products realised a 34 percent higher turnover compared to twelve months ago. Turnover of electro-technical and machinery products was 22 percent up on last year. Turnover of food, drinks and tobacco was more or less equal to last year. All other branches faced loss of turnover in February relative to 2009.

Compared with February 2009, turnover on the domestic and the foreign market was by 6 and 16 percent up respectively

Manufacturing turnover