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Haiti - Economy : Increase in economic indicators for the 3rd quarter of fiscal year 2014 21/09/2014 12:13:25 Industry : Increase of 6.6% of the index of industrial production YoY and 3.7% from the previous quarter. The quarterly increase resulted from a contrasting trends of different industries: food products (11%), textile (+ 14.6%), non-metallic mineral products (+ 8.2%) and metallurgical works (+ 2.0%). By cons, wood products, publishing and printing showed a downward trend (-8.4%) and chemical manufacturing (-9.2%). Energy : Decrease of 8.3% of the index of production of electrical energy yoy and 5.3% from the prior quarter. This negative quarterly change is explained by the fall, at the same time of hydroelectric generation (-22.7%) and thermal production (-4.4%). Consumption billed, for its part, reflected a rising trend (+25.7%) compared to the previous quarter. Construction : Increase of 11.1% of the index of construction activity yoy and 6.2% from last quarter. This positive development in the quarter is consistent with the increase in quantity of imported inputs used in the production sector, including imported cement. Internal trade : Increase of 13.3% of the index of the business yoy and 4.7% from the previous quarter. The quarterly increase in nominal terms, is particularly supported by the retail sale of food, beverages and tobacco (+11.2%), vehicles (+2.7%), other consumer goods (+3.3%), hardware (+4.5%) and textiles (+3.1%). While business accessories for motor vehicles have rather trended downward. Foreign Trade : The index of the total value of imports down 9.0% yoy, but up +18.7% compared to the previous quarter. Meanwhile, prices of imported items, showed an upward trend of +1.5% yoy and +3.7% compared to the previous quarter; which leads to a contraction of -10.3% yoy and a quarterly increase of +14.5%. Consumer prices : Increase of +3.7% in the index of consumer prices yoy and +1.7% from the prior quarter. This quarterly increase in the general level of prices is attributable to the behavior on the rise of all expenditure items include : Health (+3.2%), apparel (+2.8%), other goods and services (+2.6%), food (+1.8%). Moreover, the price index of agricultural products increase by +2.4% yoy and +3.2% compared to last quarter. HL/ HaitiLibre
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