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Haiti - Economy : Economic statistics for the first quarter 2011-2012 04/06/2012 12:08:07 Industry : Increase of 6.6% of the index of industrial production year on year and decrease of 2.2% over the previous quarter. This quarterly change negative result of a contrasting trends of the different branches of activities in this sector. Indeed, the textile industry declined by 15.4%, while the other branches, including: food (2.3%), chemicals (5.0%), and metallurgical works (5.1%) showed an upward trend. Energy : Strong growth of 38.3% of the production index of electricity year on year and of 13.1% compared to the previous quarter. This quarterly increase comes particularly of the improvement of the thermal production of 15.8%, against a decline in hydroelectric production of 3.0%. Billed consumption, meanwhile, recorded a downward trend of 8.2% year on year and of 11.6% compared to the previous quarter, which contributes to an increase in the ratio of loss of unrecorded consumption (77.8%). Construction : Increase of 4.7% of the index of construction activity year on year and of 2.6% from last quarter. These positive developments for this quarter is consistent with the increase in the quantity of imported cement and to a decrease in the prices of some building materials, including iron (-13.5%) and wood (-2.2%) Internal trade : Increase of 17.9% of the index of business activity year on year and of 4.1% from the previous quarter. This positive quarterly growth in nominal value is supported by the Motor vehicle dealership 8.3%), parts and accessories for motor vehicles (14.0), wholesale of food products (2.3%), other consumer goods (12.7%) and appliances, articles and household equipment (4.5 %). The other sub-branches rather have trended downward. Foreign trade : Increase in the index of the average value of imports by 6.9% year on year and of 1.1% from last quarter. Meanwhile, the quantum index fell 3.9% year on year and of 6.3% quarterly, which leads to an increase in the total value of imports by 2.7% year on year and to a quarterly decline of 5.3%. Consumer price index : Increase of 9.4% of the Consumer price index year on year and of 1.0% from the previous quarter. This quarterly increase is mainly due to increased consumption functions such as recreation, health services, housing, which grew respectively by 5.3%, 2.5%, 2.3% and 1.1%. Moreover, the price index of agricultural products, meanwhile, rose by 13.1% year on year and of 4.5% from the previous quarter. HL/ HaitiLibre
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