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Reading: Growth of all Economic Indicators in B&H in 8 Months
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Sarajevo Times > Blog > BUSINESS > Growth of all Economic Indicators in B&H in 8 Months
BUSINESS

Growth of all Economic Indicators in B&H in 8 Months

Published: November 13, 2015
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meetingAt yesterday’s session, the Council of Ministers of B&H was introduced with the Information of Directorate for Economic Planning on changes in macroeconomic indicators for the period January – August 2015, in which was emphasized the growth of all economic indicators in B&H.

The positive trend of growth in the industry was continued, and there was an increase of physical volume of industrial production by 7.2 % in August in comparison with the same month in 2014.

The most significant contribution to the overall industry growth was recorded in the processing industry that is mostly export-oriented and where production was increased by 10.5 % when compared to August 2014.

Foreign trade deficit of goods was decreased by 9.1 % in August this year by value, compared with the July-August 2014. Decrease of deficit is a result of growth of export by 6.5 % on one hand and with an annual decrease in imports by 1.1 % on the other.

A slight increase in VAT to the tax reports, and strong real growth of retail sales by 8 % on an annual basis is indicating the growth of the overall consumption.

Number of employees in B&H amounted to 714,000 in July, which represents an increase of 1.6 % in comparison with the same month last year.

Growth of deposits by 5.2 % was continued in August 2015, so that the total deposits reached 16 billion BAM, as announced from the Council of Ministers of B&H.

(Source: klix.ba)

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TAGGED:#August#BiH#industry#productiionBUSINESS
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