Textiles & apparels posts strong figures, employment down in April
04 Aug '07
3 min read
by a plus of 5.6% during the first four months of this year.
The apparel sector, on the other hand, consolidates its production by +1.0% during the same period in comparison to the last years' value. Again, the number of employees decreased in both sectors during April 2007 as well as in the preliminary summary of 2007 compared to the year before. The number dropped by 2.3% in April 2007, and by 2.4% during the first four months of this year.
Because of a new law which is supposed to relieve the medium-sized businesses and which has been released on 01-01-07, only companies with at least 50 employees are still reporting. Therefore, these figures do not represent the total line of business anymore. Producer's prices gained 0.6% in the textile industry and 0.2% in apparel.
Import and export improved by 9.7% and 18.4% during April of this year in relation to the figures of the previous year. During the first four months of 2007 imports achieved a plus of 7.3% and exports of 9.5%. This leads to a minor import-surplus of 1.5%.