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Czech textile & garment sales grow 10.7% in H1
28
Aug '14
The textile and clothing industry sales in the Czech Republic increased by 10.7 percent year-on-year to 26.6 million crowns in the first half on 2014, according to the data released by the Association of Textile, Clothing and Leather Industry (ATOK). This is the highest sales value recorded after the economic crisis in Czech, the association said.

The production of textiles increased by 12 percent, while the production of garments increased by 2.1 percent. The sales in the textiles sector was worth 23.4 million crowns and the sales in the clothing sector were worth 3.2 billion crowns. The total combined sales in the textiles and clothing industry increased by 10.7 percent, as compared to sales in the corresponding period of the previous year.

However, the number of employees working in the textile and apparel sector in the Czech Republic decreased by 2.3 percent year-on-year, during the six-month period. While the decrease in employment in the textile sector was 0.7 percent, it was 5.3 percent in the apparel sector.

Meanwhile, the wages of the employees in both the textiles and clothing sectors grew at an average of 5.1 percent. By the end of June 2014, the workers in both the sectors together earned around an average of 18,300 crowns. The textile industry increased the salary of its workers by 4.4 percent to 20,200 crowns, while the clothing industry increased the salary of its workers by 5.6 percent to 14,400 crowns.

The exports in the textile industry were relatively higher than the exports in the clothing industry during the first half of 2014, although the imports in the clothing industry exceeded the value of exports. Textile exports grew by 13.6 percent year-on-year, while clothing exports increased by 10 percent. On the other hand, both textile and garment imports grew at 16.4 percent during the six- month period.

Fibre2fashion News Desk-India

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