Bisnode: the decline in consumption continues to affect the businesses badly

The bankruptcy rate of companies dealing with producing food, beverage and tobacco product, dealing with automotive trade, retailing and hospitality increased between 1 April 2012 and 31 March 2013, compared to the datas of the previous 12 months – shows Bisnode’s latest analysis.

According to the company’s Wednesday statement, the situation sligthly deteriorated in case of computers, electronic products and furniture manufacturing.

The bankruptcy rate is still the highest in the construction industry; 6.6 percent, that can be explained by the lack of construction and renovation investments. (MTI)