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Netherlands:Textile & leather industry suffer negative growth

Netherlands:Textile & leather industry suffer negative growth

Write: Shrijani [2011-05-20]
In January 2008, manufacturing turnover was 11 percent higher than in January 2007. The growth was considerably higher than in December. Turnover growth on the domestic and foreign market was about the same.
The increase was largely caused by higher selling prices, particularly for petroleum and chemical products. Improved sales accounted for the remainder of the increase.
The 14 percent turnover growth in the petroleum and chemical industry was also above average. The textile, clothes and leather industry recorded a negative turnover growth rate.
In the past five months, the textile industry has had the poorest results in the entire branch.