Teller Report

Now you can see non-English news...

Industry again generates less revenue in second quarter

2019-08-20T06:10:57.699Z

Manufacturers in the industry achieved 4.9 percent less turnover in the second quarter than in the same period in 2018. The Central Bureau of Statistics (CBS) reports Tuesday.


Manufacturers in the industry achieved 4.9 percent less turnover in the second quarter than in the same period in 2018. The Central Bureau of Statistics (CBS) reports Tuesday.

Even in the first quarter, the result was already less than a year earlier. No lesser growth had occurred in that quarter for two years.

The change can be explained by the relocation of business activities from the Netherlands to abroad. As a result, sales will be depressed from the fourth quarter of 2018.

Producers also see their staff shortage as the biggest obstacle to their business operations. At the end of the second quarter, no fewer than 24,000 vacancies were open in the sector.

However, at the start of the third quarter of 2019, 5 percent of producers expected to increase their workforce in the coming months.

Source: nunl

You may like

Business 2019-09-03T08:49:41.187Z
News/Politics 2019-09-11T10:04:34.362Z
News/Politics 2019-09-03T09:47:07.009Z

Trends 24h

Latest

© Communities 2019 - Privacy