Home / Knowledge / News / Textiles / C&SD releases preliminary GDP constant price figures

C&SD releases preliminary GDP constant price figures

22
Jun '07
The Census and Statistics Department (C&SD) released June 22 the preliminary figures of constant price Gross Domestic Product (GDP) by economic activity for the first quarter of 2007.

GDP by economic activity shows the value of production for individual economic activities. The value of production is measured by net output or value-added, which is calculated by deducting intermediate input consumed in the process of production from the gross value of output.

Constant price GDP by economic activity enables analysis of the growth profiles of individual economic sectors in real terms, by removing the effect of price changes.

It also enables analysis of the contributions of different economic activities or sectors to the overall economic growth in real terms.

GDP increased by 5.6% in real terms in the first quarter of 2007 over a year earlier, compared with the 7.3% growth in the fourth quarter of 2006.

Analysed by constituent sector and on a year-on-year comparison, net output in all the service sectors taken together rose by 7.6% in real terms in the first quarter of 2007 over a year earlier, compared with the growth of 9.6% in the fourth quarter of 2006.

Net output in the wholesale, retail and import and export trades,in the first quarter of 2007 over a year earlier, compared with the 10.0% rise in the fourth quarter of 2006.

The growth in local consumer demand, continued robust performance of external trade and expansion of both offshore trade and inbound tourism all contributed to the growth.

Net output in the local manufacturing sector decreased by 1.5% in real terms in the first quarter of 2007 from a year earlier, compared with the decrease of 1.4% in the fourth quarter of 2006.

Census and Statistics Department


Must ReadView All

Pic: Shutterstock

Textiles | On 16th Oct 2021

China's economic growth reflects strong resilience, vitality: Li

Premier Li Keqiang has said China is capable and confident of...

Pic: Shutterstock

Apparel/Garments | On 16th Oct 2021

BGMEA urges Bangladesh govt to reskill & upskill RMG workers

The Bangladesh Garment Manufacturers and Exporters Association...

Pic: Shutterstock

Retail | On 16th Oct 2021

UK retail sales rises by 0.6% in Sep 2021; figure 5.6% in Sep 2020

Total UK retail sales rose by 0.6 per cent in September this year...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Susan Bhaktul,

Susan Bhaktul

Established in 2000 as a liaison with the Government of India, Industree...

Vikash & Vishal Pacheriwal,

Vikash & Vishal Pacheriwal

Launched in 2018, Raisin is a contemporary fusion fashion brand that aims...

J Vargas,

J Vargas

With a vision to be the world's top tier textile manufacturer, Badjatex...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by <b>Aprajita Toor</b> were born out of a deep desire to...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah &amp; Sandeep is a luxury menswear label...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search