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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Confemetal muestra su preocupación por la evolución del sector hasta marzo

Confemetal concerned about developments in the sector by March

01/07/2005

on July 1, 2005

The Spanish Confederation of business organizations of Metal (Confemetal) deemed "worrying" the evolution of Spanish industry in the first quarter of the year, according to his latest report of the economic and labour situation which aim in the first three months of 2005Spanish exports of finished industrial products fell 5.7 per cent, with declines of 5.6 per cent for exports of non-food consumption and the 6.6 per cent for the capital goods, while property intermediate energy not increased by 7.7 per cent. The employers of the metal sector considers that the data "are confirming the bad omens of the last quarter of 2004".
By segments, fell from motor vehicles (9.2 per cent), machinery and mechanical equipment (a 5.3 per cent), metallurgy and instruments of precision (3.7 per cent in both cases) and fabricated metal products (1.6 percent). On the other hand, increases were recorded in the areas of manufacture of office machinery and computer equipment, other transport equipment and electronic material.
Confemetal attributed the low results in low productivity and the loss of competitiveness of the Spanish industry, and considers it essential efforts in infrastructure and investment in research, development and innovation (RDI), "beyond improving the marketing of our goods and services".

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Confederación Española de Organizaciones Empresariales del Metal

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