From the perspective of the production side, retail and wholesale showed very high growth rates. This is due to the strong increase in exports and much increased retail sales. A great volume of natural gas was extracted for domestic and foreign buyers. The production in construction benefited from the recovery of housing construction, industry and exports.For the extra production, many entrepreneurs rely on temporary employment.
Upward adjustments for the economic growth 2003, 2004 and 2005
Economic growth for 2003, 2004 and 2005 was adjusted by 0.3, 2.0 and 1.5 percent respectively.
For each of the three years, economic growth turned out higher than previously published. Both in 2003, 2004 and 2005 household consumption was higher than estimated before. Furthermore, in 2003 and 2005 investments grew faster. In 2004 the export balance was higher than previously calculated.
From perspective of the branches of industry, developments in the production of commercial services and in the manufacturing industry were more positive than estimated before.
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