The economic indicators for the month of October 2008 continued the downward movement of previous months, in line with the behavior of the euro zone, as informed today the National Institute of Statistics (INE).
Eudora Ribeiro
In its summary of economic juncture, the INE advances that gross fixed capital formation stressed its negative variation between July and September, reflecting the changes, too negative, the components of transport equipment and construction.
In that document, the INE note that the economic climate indicator fell 0.3% in October, against a rise of 0.1% in September.
"The indicator of economic climate, now available for October and indicator of economic activity, available for September, extended the sharp downward movements in previous months," said the INE.
As regards domestic demand, the INE explains that private consumption accelerated in the third quarter, due to the recovery observed either in or in the durable consumer goods, but note, however, that this development is partly related to the postponement of purchases for the third quarter as a result of changes in VAT and the effect of base caused by the change of ISV in the similar period of 2007. "
The INE points out that the unemployment rate has fluctuated within 7.7% between July and September, 0.2 percentage points less than in the same period last year, and which, in turn, inflation rate was 2.3 % In the period under review, representing a drop of 0.8 percentage points from the previous month.
No comments:
Post a Comment