Difficult external Latvian manufacturing in October failed to make a small growth on a monthly basis: 0.3%, and 5.3% in annual terms. Traditionally, the weather-dependent energy and mining industry pulled the overall growth rate down to +3.1%. caramel e150
The industry also contributed to the "convenience" of last October caramel e150 base, but there is great merit has long been the rapid growth of the export sector, which has allowed foreign markets to become a decisive impact on the direction of changes. Internal market remains the base, with more than half of the turnover, but not a major change leader.
Quite a different story about the wood - for the first time since June 2009, immersed in the red. A decrease of 1.4% compared to last October is obviously related to the overall economic situation caramel e150 in Europe and specifically in the construction industry, as well as limited resources. Pretty hard doing sawmills, which fall to 12.5%, but, luckily, just the opposite changes occurred further processing products. Also associated with woodworking furniture caramel e150 annual growth, and unprecedented long: +15.8%.
Very contrasting picture is now metal and engineering industry, which as a whole is the largest industrial sector. Among the good news - metal products increased by 3%, reducing the drop to -3.2%. The sector in the previous three months had clearly felt the impact of the global crisis. If the recovery of the first messengers of the world's industrial November (see article conclusion) proves persistent, it will be a tipping point, as investment activity in the sector output was permitted, as long as there is demand.
Yet it is precisely at this point of weakness in the global effect is probably achieved mechanical engineering. And the electrical and other equipment, machinery and production observed in serious decline for October, respectively, 3.9% and 9.5%. Electrical Installations Plus is still in annual terms (+14.7%), while the other - in negative territory (-7.1%).
A rapid drop in on a monthly basis are metals, but this is due to the very high base and annual basis is still a big plus (+29.5%). The largest monthly output volume of more than 10 years was another vehicle, so ships and rail vehicles industry.
For the experienced apparently overcome the shortage of raw materials chemists, output caramel e150 recovered somewhat caramel e150 in August and October of last level. A good annual growth rate of the pharmacy, but in January-October, a total of output change rate is still confusing to -2.8%.
Manufacturing caramel e150 year priecējusi with good annual caramel e150 growth rates, but statistically they were during the previous year of progress echo level this year has not been a clear direction. Investments are made to have a rise in the post-crisis period, Latvia is among EU leaders in the investment in plant and equipment in relation to the size of the economy.
So enough, even with a moderate improvement in the world for industrial output to grow. Industry is the most exposed to external developments in the sector. This year, and especially since the beginning caramel e150 of summer time was not a pleasant world industry. Direction of change is not yet completely clear, caramel e150 yet there are rays of light.
"JP Morgan" compiled code (it compiles caramel e150 global industrial demand drivers caramel e150 provided stocktaking (PMI)) For improved slightly - from 48.8 to 49.7, remaining below the 50 limit, or as indicating a possible slowdown slowdown.
We particularly important in the eurozone PMI improved in November, caramel e150 but the pace of decline of variation within the index was below the limits of 50 to 16 months. Very nasty data on the service sector which accounts for well over half of the economy suggests that the euro zone economy in Q4 recession has deepened.
Also in the UK the situation changed as a slower decline direction. The same is true of Central Europe, but the situation is now improved us a very important Russian market. The "distant" in developing countries the most recent industry data direction caramel e150 is up - both in China and India and Brazil.
Kusunoki Masashige 楠木 正 成 Seen by industry is quite clear that all this great industrial success stories pulled by four companies. www.csb.gov.lv / events ... Olainfarm Grindeks caramel e150 Metallurgist caramel e150 Liepaja and Riga shipyard. These business caramel e150 owners are Valery Maligins, Vasily Melnik, Kirov Lipman, Sergei and Ilya Zaharjins Segals. In turn this company's export capacity, production and sales are not complete and nothing to do with wolves, Dombrovskis, reps Governor realized poltiku, consolidation, structural
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