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Industrial Sector
CESEE: Stress of Competition is Growing
CEE significantly more industrialized than euro area (30% vs. 19%) but still needs to catch up in terms of competitiveness.
February 20, 2013
Hungary: Industrial Production Shrinks Considerably
In December 2012, industrial output was 7.6% lower than a year ago.
February 14, 2013
Bulgaria: Trade and Industrial Sectors Shrink
In November industrial production contracted at the same rate as in October (1.8%). The volume of output of manufacturing remained unchanged on an annual basis. The real-terms decline of domestic trade accelerated to 7.4% yoy.
February 11, 2013
Latvia: Industrial Sector Grows Significantly
Data of the Central Statistical Bureau show that, compared to 2011, manufacturing turnover1 at current prices in 2012 increasedby 11.9%, of which in domestic market by 5.7% and in export - by 18.2%. However, the growth flattens.
February 11, 2013
Slovakia: Declining Turnover in Industrial Sector
Turnover was down in most selected sectors of economy in December 2012. The sharpest decrease was observed in the construction industry.
February 11, 2013
Slovakia: Growing Employment in Most Industrial Sectors
The development of employment and average monthly wage in selected sectors of economy has shown a mixed picture in December 2012.
February 11, 2013
Austria: Economic Sentiment on the Rise
The Austrian Institute of Economic Research (WIFO) underlines that the economic slowdown comes to a standstill.
February 8, 2013
Slovakia: Industrial Production Declining
In December 2012, industrial production index (IPI) decreased after a long-term year-on-year growth (since November 2009).
February 8, 2013
Czech Industrial Production Slightly Decreased in 2012
Industrial production slightly decreased in 2012 after two years of growth. The year-on-year decrease started in the Q2 and gradually deepened in the following periods.
February 7, 2013
Czech Industrial production Dropped by 1.2% in 2012
In December 2012, industrial production decreased at constant prices by 12.5%, year-on-year; working days adjusted industrial production decreased by 5.8%.
February 6, 2013
Slovakia: Economic Sentiment Improves Slightly
Hard data point to a weakening of activity in the fourth quarter, but an improvement in the assessment of production expectations in industry indicates an improved outlook for 2013.
February 4, 2013
Croatia Fights Against High Unemployment
In order to reduce the number of jobless workers, Croatia´s government plans to invest € 60m in labor market measures.
February 4, 2013
Romania: „Long road to growth“
Most likely, economic activity was flat in Q4 2012. Available data tracking the dynamics of economic activity in Q4 2014 paint a mixed picture, Raiffeisen Research reports.
February 2, 2013
Moody´s Downgrades Croatia
The U.S. rating agency justifies the downgrade with the “bad economic outlook” and the “inflexible fiscal policy”.
February 2, 2013
Serbian Industrial Production Shrinks
The industrial production in the Republic of Serbia in December 2012, when compared to December 2011, increased by 0.7% and in relation to 2011 average, it increased by 7.1%.
February 1, 2013
“Austria’s Industry Edges Towards Economic recovery”
Bank Austria Purchasing Managers’ Index for January increases slightly. Moderate improvement in orders helps to offset the decline in production output.
January 31, 2013
Austria: Positive Trends in Industrial and Construction Sector
Turnover was up by 10.9%. Increase in volume of orders by 2.0% in civil engineering and construction of buildings at the end of October 2012. Output of construction rose by 7.4%.
January 30, 2013
“Austria Becomes More Vulnerable to Recessions“
Christoph Neumayer, secretary general of the Federation of Austrian Industries (IV), argues that the low investments may cause a recession.
January 29, 2013
Serbia: Industrial Production Shrinks
Industry turned downside, after funds under the government subsidy program were spent, Raiffeisen Research reports.
January 29, 2013
Slovakia: Producer Prices Declining Slightly
Prices in production area in December 2012 down by 0.4%.
January 28, 2013
Eder Reaffirms: „European Industrial Sector Is in Danger“
In an interview with the Austrian news magazine “Presse”, voestalpine´s CEO Wolfgang Eder criticizes the European industrial policy sharply.
January 21, 2013
Hungary: Sharp Decrease in Industrial Production
In November 2012, industrial gross output declined by 6.9% in volume compared to the same month of 2011.
January 16, 2013
Croatia: One Step Closer to the EU
According to their own statements, the Croatian government has fulfilled eight out of ten tasks, which must be finalized until July 2013. However, Croatia´s economic problems are far from being solved.
January 15, 2013
Baltic Countries: Strong Increase in Industrial Production
Industrial production down by 0.3% in euro area and EU27.
January 14, 2013
Slovak Industrial Production Grows
Industrial production index (IPI) increased by 5,2 % in November 2012, compared with November 2011.
January 12, 2013
Slovakia: Turnover Development Positive
Today, the Slovak Statistical Office has published the turnover figures in selected sectors of economy in November 2012.
January 12, 2013
Bulgaria: Industrial Output Declines
In October industrial production shrank on an annual basis (by 1.5%) for the second consecutive month. At the same time, manufacturing output marked an increase. Construction output continued expanding.
January 11, 2013
Austrian Industry Against Short-Time Work
According to IV (Federation of Austrian Industries), short-time work is too expensive.
January 8, 2013
Hungary: Negative Development in Industrial Sector
In November 2012 – according to preliminary data – industrial gross output declined by 6.9% compared to the same month of 2011.
January 8, 2013
Czech Industrial Sector Shrinks
In November 2012, industrial production decreased at constant prices by 3.9%, year-on-year; working days adjusted industrial production decreased by 6.2%.
January 7, 2013
Serbian Industrial and Trade Sector Under Pressure
Retail trade is shrinking drastically, the manufacturing sector stagnates. GDP fell by 2.5% compared to autumn 2011.
December 29, 2012
Serbian Economic Performance Worsens
It was estimated that total economic activities in 2012, measured by gross domestic product and expressed at previous year prices, fell by 1.9% in comparison to the previous year.
December 28, 2012
Austrian Construction Industry Grows
Output of construction of buildings and civil engineering increased by 6.6% from January until September 2012. The order volume was up by 3.4%.
December 28, 2012
Czech Republic: Overall Confidence in Economy on the Rise
Overall confidence in domestic economy increased in December. The composite confidence indicator (economic sentiment indicator) increased by 1.1 points compared to November.
December 27, 2012
Ukraine: Real Economic Sector Disappointing
The State Statistics Committee confirmed its preliminary estimate of -1.3% yoy GDP growth rate in Q3 2012 (GDP grew 2% and 3% yoy in Q1 and Q2 respectively).
December 18, 2012
Hungary: Industrial Production Declines
The volume of industrial production decreased by 1.7% in October.
December 14, 2012
Lithuania and Slovakia Record Biggest Increase in Industrial Production
From October 2011 to October 2012, Industrial production down by 1.4% in euro area.
December 12, 2012
Slovakia: Industrial Sector Grows
Today, the Slovak Statistical Office published data on turnover in selected sectors of economy in October 2012. In most industries, turnover is increasing.
December 11, 2012
Slovak Industrial Production Grows Significantly
Industrial production index (IPI) increased by 8,1 % in October 2012, compared with October 2011. The development was affected by a rise in manufacturing by 8,7 %.
December 10, 2012
Czech Industry: More Working days, More Production
In October 2012, industrial production increased at constant prices by 4.1%, year-on-year; working days adjusted industrial production decreased by 3.3%.
December 10, 2012
Ukraine Faces Recession
For the first time since 2009, Ukraine recorded a negative growth rate last quarter. Weak exports and a shrinking industrial sector are the most pressing issues.
December 8, 2012
Austrian Industrial Sector: Uncertainties Grow Massively
Due to the economic slowdown, the degree of predictability is declining. The industrial output tends to stagnate.
December 8, 2012
Serbia: Industrial Data on the Rise
In Serbia, the economic activity and foreign trade grows again, the Statistical Office says.
December 1, 2012
Austrian Industrial Sector Expands
Positive production trends in industry and construction in August 2012; turnover +3.9%. Output of construction of buildings and civil engineering increased by 6.3% from January until August 2012.
November 30, 2012
“Turnaround in sight for industrial activity”
The Bank Austria Purchasing Managers' Index climbs in November to best reading since June. Rising orders nudge production up slightly in Austrian industry for the first time since the summer
November 30, 2012
Slovakia: Economy Slows Down
In the third quarter of 2012, Slovakia´s GDP grew by 0.6%. Compared to the previous quarter, the growth rate remained unchanged.
November 19, 2012
Bulgarian Industrial Sector to Expand
Next year, Bulgaria´s industry is expected to record an increase in investments of 27%.
November 17, 2012
Hungary: Decrease in Industrial Production Continues
In September 2012, industrial gross output declined by 3.8% in volume compared to the same month of 2011.
November 16, 2012
S&P Upgrades Latvia
The Baltic country performs well, S&P underlines. The long and short-term sovereign credit rating moved from “BBB-/A-3” to “BBB/A-2”.
November 15, 2012
Slovakia: Employment and Nominal Wage on the Rise
Employment and average monthly wage in selected sectors of economy in September 2012.
November 12, 2012
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