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Tag Archives: consumption

Thailand farming woes hurt GDP, consumption

BANGKOK: The worst seasonal drought in decades continues to damage Thailand’s agricultural sector and shrink the incomes of millions of farmers and other agricultural labourers. First-quarter GDP results show a 1.5 per cent annual contraction for the sector. The Agricultural Price Index, a composite of prices for agricultural products, dropped 5.2 per cent. Worse, Thai farmers saw a 7 per cent ... Read More »

Hungary’s electricity consumption reaches 42.5 TW in 2014: Mavir

BUDAPEST: Hungary’s gross electricity consumption increased to 42.5 TW last year, with imports accounting for 31.4% of total electricity consumed, data from transmission system operator Mavir reveal, according to Hungarian news agency MTI. Data from Mavir suggest that generator capacity reached 7,290.4 MW, while the gross nameplate capacity of Hungarian power plants stood at 8,936.4 MW by the end of ... Read More »

Swiss consumption up from 1.67 to 1.73 in May 2015

BERN: The newspaper 20 Minutes reported that the UBS Swiss consumption index was up in May 2015. The index increased from 1.67 to 1.73 driven in part by an increase in new car sales. The strong franc is dampening sales of some retailers however, who have to compete with lower retail prices across the border in neighbouring eurozone countries. High ... Read More »

Swiss consumption up from 1.67 to 1.73 in May 2015

BERN: The newspaper 20 Minutes reported that the UBS Swiss consumption index was up in May 2015. The index increased from 1.67 to 1.73 driven in part by an increase in new car sales. The strong franc is dampening sales of some retailers however, who have to compete with lower retail prices across the border in neighbouring eurozone countries. High ... Read More »

Swiss consumption index increased from 1.67 to 1.73 in May

BERN: The UBS Swiss consumption index was up in May 2015. The index increased from 1.67 to 1.73 driven in part by an increase in new car sales. The strong franc is dampening sales of some retailers however, who have to compete with lower retail prices across the border in neighbouring eurozone countries. High priced imported items bought by retailers ... Read More »

Swiss consumption index increased from 1.67 to 1.73 in May

BERN: The UBS Swiss consumption index was up in May 2015. The index increased from 1.67 to 1.73 driven in part by an increase in new car sales. The strong franc is dampening sales of some retailers however, who have to compete with lower retail prices across the border in neighbouring eurozone countries. High priced imported items bought by retailers ... Read More »

Motor vehicle fuel consumption increases 2.6% more than in April 2014 across Spain

MADRID: The amount of motor vehicle fuel purchased in Spain rose in comparison to last year for the fifth consecutive month in April, reaching 2.18 million tons (2.6% more than in April 2014). This is probably due to a combination of two factors: firstly, despite having increased since January, fuel prices are still significantly lower than twelve months ago, and ... Read More »

Finnish Energy consumption decreases 6% in Q1 2015

HELSINKI: The total energy consumption in January to March amounted to 361 petajoule in the first quarter of 2015, which was almost six per cent less than in the corresponding period in 2014, according to Statistics Finland’s preliminary data. Electricity consumption amounted to 23.4 terawatt hours (TWh), which is two per cent lower than one year earlier. In the production ... Read More »

Finnish Energy consumption decreases 6% in Q1 2015

HELSINKI: The total energy consumption in January to March amounted to 361 petajoule in the first quarter of 2015, which was almost six per cent less than in the corresponding period in 2014, according to Statistics Finland’s preliminary data. Electricity consumption amounted to 23.4 terawatt hours (TWh), which is two per cent lower than one year earlier. In the production ... Read More »

Danish Maersk’s fuel consumption policy saves 4.3 billion kroner in 2014

COPENHAGEN: The Danish oil and shipping giant aims to further reduce its fuel consumption by 60 percent, compared to 2007, by 2020.Thanks to larger ships, better planning and lower speeds (via slow-streaming), Maersk Line has reduced its fuel consumption by almost 40 percent since 2007. In 2013 alone, Maersk saved about 4.3 billion kroner compared to the year before thanks ... Read More »

Spanish motor vehicle fuel consumption hikes 2.6% to 2.18m tons as economy improves

MADRID: The amount of motor vehicle fuel purchased in Spain rose in comparison to last year for the fifth consecutive month in April, reaching 2.18 million tons. This is probably due to a combination of two factors: firstly, despite having increased since January, fuel prices are still significantly lower than twelve months ago, and secondly, as the general public begins ... Read More »

Switzerland wine consumption falls 3.3% to record low in 2015

BERN: Swiss people consumed around 264million liters of wine in 2014, which is less than 7.5million in 2013 a drop of 2.8% due to poor harvest. Wine consumption has been dwindling in Switzerland for years, although 2013 saw a one-off rise. While total white wine consumption (domestic and imported) fell 1.7% last year, total red wine consumption fell 3.3%, according ... Read More »

Danish Maersk’s fuel consumption policy saves 4.3 billion kroner in 2014

COPENHAGEN: The Danish oil and shipping giant aims to further reduce its fuel consumption by 60 percent, compared to 2007, by 2020.Thanks to larger ships, better planning and lower speeds (via slow-streaming), Maersk Line has reduced its fuel consumption by almost 40 percent since 2007. In 2013 alone, Maersk saved about 4.3 billion kroner compared to the year before thanks ... Read More »

Finnish consumption tax rises to €29m yearly

HELSINKI: The Finland’s government has raised consumption taxes, particularly on motoring, electricity use and alcohol. Taxpayers Association stated that the government’s total tax take from consumption taxes is now €29 billion. The report finds that since 2011 the total annual tax take has increased by €2.4 billion. A jump in VAT is responsible for €900 million of that, while taxes ... Read More »

Maersk Line’s fuel consumption reduces to 40% since 2007

COPENHAGEN: Maersk Line has reduced its fuel consumption by almost 40 percent since 2007, said the company spokesman. The Danish oil and shipping giant aims to further reduce its fuel consumption by 60 percent, compared to 2007, by 2020. In 2013 alone, Maersk saved about 4.3 billion kroner compared to the year before thanks to improved fuel consumption measures. In ... Read More »

Easter holiday sales expected to rise by 60 billion forints in Hungry

BUDAPEST: The National Retail Association stated that Easter holiday sales are expected to rise by 60 billion forints, about the same amount as last year. Last year’s retail sales around the holiday were up from 45 -50 billion in the preceding years, said OKSZ chief secretary György Vámos. This year’s sales were helped by the decision by some retailers to ... Read More »