The Statistical Department of the Ministry of Finance, through the Haitian Institute of Statistics and Information (IHSI) has made available its note on the evolution of the main indicators for monitoring the real sector of the economy of 3rd quarter of fiscal year 2014-2015 (April-June 2015).

Industry :

Increase of 7.6% in the index of industrial production YoY and 1.3% from the previous quarter. This quarterly increase is the result of a contrasted evolution of different industries. Indeed, textile, food products increased by 8.3% and 3.3% respectively; by cons, wood manufacturing, publishing and printing (-3.0%) and chemical manufacturing (-3.9%), non-metallic mineral products (-5.8%) and basic metal manufacturing works (-5.0 %) showed a downward trend.

Energy :

Increase by 1.4% yoy in the index of production of electrical energy, and 2.9% compared the prior quarter. This quarterly change was due to the increase (50.6%) of hydroelectric generation, against a fall in thermal production 0.1%. The invoiced consumption, meanwhile, reflected the same upward trend (11.6%) from the previous quarter.

Construction :

Decreased 4.4% of the activity construction index yoy and 3.3% from the prior quarter. The index of the number of Employee is also down 4.6% from the first quarter. This negative trend for this quarter is consistent with the observed decrease in the amount of imported cement.

Internal trade :

Increase of 7.6% of the index of business activity yoy and 4.4% from the previous quarter. These positive results are due to a good performance of certain sub-industries such as: Automotive Retail (5.1%), wholesale food products (1.4%), articles and household equipment devices (19.5 %) and retail sale in specialized stores (17.5%).

Consumer prices :

Increase by 7.0% of the consumer price index yoy and 2.1% compared to the past quarter. These higher inflation resulted mainly from the increase in consumer indices: housing (+ 1.6%), furniture (+ 1.7%), Health (+ 2.0%), food (+ 2.6%) and clothing (+ 3.3%). Moreover, the price index of agricultural products, meanwhile, increased by 8.8% yoy and 3.3% compared to last quarter.

Foreign trade :

Decline in the index of the average value of imports by 9.4% yoy and 2.6% compared to last quarter. For its part, the index of total value has declined by 6.2% yoy but increased by 4.3% compared to the previous quarter; thus causing an increase in the quantum of 3.6% yoy and 7.1% in the quarter.

See also :

https://www.haitilibre.com/en/news-14232-haiti-economy-evolution-of-economic-indicators-q2.html

HL/ HaitiLibre