Manufacturing turnover higher

Manufacturing turnover was 9 percent higher in October 2006 than in the same month last year. Turnover has been higher than twelve months previously for more than two and a half years now. In the first ten months of 2006 the increase was also 9 percent compared with the same period last year.

About one sixth of the increase in October is accounted for by higher factory gate prices. The increase in factory gate prices has been tempered by lower oil prices. October 2006 had one working day more than October 2005; the positive effect of this was estimated at 2 percent.  

Turnover was higher in all sectors of industry. The largest increase was observed in the metal industry where turnover was 20 percent higher. With a 15 percent increase, sales in wood, building materials and furniture industry rose considerably as well.

Turnover on the domestic market increased by 4 percent. Again, the metal sector did well: turnover increased by 17 percent. Oil and chemicals performed poorly and faced a 9 percent drop in turnover. Turnover on the foreign market increased by 13 percent. Metal exports recorded a 23 percent turnover increase.

Turnover industry