Further growth manufacturing turnover

Manufacturing turnover was 8 percent up in January 2010 on January 2009, whereas in December manufacturing turnover was 4 percent up on December 2008. 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.

January 2010 had one working day fewer than January 2009. The negative effect on turnover is estimated at about 2.5 percent. Prices of manufacturing products sold in January 2010 were almost 5 percent up on January 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 33 percent higher turnover compared to twelve months ago. Turnover of (basic) metal products was almost 1 percent up on last year. All other branches faced loss of turnover in January relative to 2009.

Compared with January 2009, turnover on the domestic and the foreign market was by 10 and 6 percent up respectively.

Manufacturing turnover