CBS: May-July exports grew 6.4%

May-July inflation figures point to a significant slowing to an annualized rate of 0.8% compared with 2.7% in the three preceding months
04.09.06 / 00:00
CBS: May-July exports grew 6.4%
04.09.06
CBS: May-July exports grew 6.4%
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May-July inflation figures point to a significant slowing to an annualized rate of 0.8% compared with 2.7% in the three preceding months
 
The Central Bureau of Statistics (CBS) published last week the main economic indicators for the three months period May-July 2006. The figures indicate a continuation of high economic activity:
 
Exports of goods in the three months period May-July 2006 were up by an annualized 6.4%.
Imports of raw materials rose in the same period by 12.7%.
 
Imports of investment goods (excluding planes and ships) was up by an annualized 7.1%.
Imports of goods, excluding diamonds and fuel rose an annualized 9.1% in May-July.
 
May-July inflation figures point to a significant slowing to an annualized rate of 0.8% compared with 2.7% in the three preceding months.
 
According to the CBS high-tech output (electronics, avionics and pharmaceuticals) rose by an annualized 17.6%. Exports from these sectors also rose by an annualized 24.7%.

 

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