M2 PRESSWIRE-August 2, 2019-: Global Non-Durable Goods
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Durable consumer goods rose 0.1% and non-durable goods
were up 0.3%.
Net sales of non-durable goods
in the quarter amounted to SEK46.8m, up by 24% as compared with SEK37.9m in Q1 2018.
Demand for non-durable goods
, items such as chemicals and paper, rose 0.9 percent after a 0.5 percent rise in August.
Analyzed by chief industrial groups, production in November 2015 in relation to November 2014 climbed up by 34.2 percent in capital products, 11.5 percent in durable goods for general consumption and 22.5 percent in non-durable goods
for general consumption.
Energy and water-related industries account for the biggest relative share of planned investments in 2014 (41.7%), followed by industries producing intermediate goods (31.1%) and industries producing non-durable goods
New orders for manufactured non-durable goods
increased USD 2.8 billion or 1.1 percent to USD 259.2 billion.
In terms of industrial groups, production in the group of intermediate goods except energy increased by 7.9 percent, in durable goods for general consumption by 7.2 percent and in non-durable goods
for general consumption by 12 percent.
According to Derek Engelbrecht, Retail and Consumer Products Sector leader at Ernst & Young in South Africa, the survey results indicate that the growth in durable goods and particularly semi-durable goods remained lively, but non-durable goods
sales volumes disappointed.
Durable goods orders were unchanged compared to the prior month, while non-durable goods
were down 1.1 percent.
On the expenditure side, private consumption grew by 0.6 percent due to increased expenditures on durable and non-durable goods
. Facility investment decreased by 0.4 percent, as investment in semiconductor manufacturing equipment fell.