Übersetzung für "consumer cyclicals " (Englisch → Französisch) :

6. Points out that in 2006, the European Union expanded its leading role as a world champion exporter, with an 8 % growth in exports, but underlines the fact that the export surplus only accounts for about 0.3 percentage points of the current GDP growth in the euro area and stresses the risk factor attached to the high euro-dollar exchange rate; draws attention to the fact that the present economic upswing is predominantly riding on recovering domestic demand and that this is largely as a result of short-term investment; points out that the fundamental problem facing the European economy in the last decade has been inadequate domestic demand attributable to a lack of confidence caused by unemployment; expresses concern as to how far a co ...[+++]ntinual increase in investment and consumer expenditure, together with a sustained improvement in the employment situation, can be achieved to ensure that the mainly cyclical upswing will turn into a structural upward trend;

6. Points out that in 2006, the European Union expanded its leading role as a world champion exporter, with an 8 % growth in exports, but underlines the fact that the export surplus accounts for only about 0,3 percentage point of the current GDP growth in the euro area and stresses the risk factor attached to the high euro-dollar exchange rate; draws attention to the fact that the present economic upswing is predominantly riding on recovering domestic demand and that this is largely as a result of short-term investment; points out that the fundamental problem facing the European economy in the last decade has been inadequate domestic demand attributable to a lack of confidence caused by unemployment; expresses concern as to how far a con ...[+++]tinual increase in investment and consumer expenditure, together with a sustained improvement in the employment situation, can be achieved to ensure that the mainly cyclical upswing will turn into a structural upward trend;

To make a structural upward trend out of what is predominantly a cyclical event, consumer demand needs in his view to be maintained at a high level and the employment market needs to see clear improvements, to carry the upswing in the longer term.

When we find that we have the answer to the question of what to do in this situation, we have a relatively strong consensus: good fiscal and budgetary policies, which are not pro-cyclic, which are anti-cyclic, which improve the quality of revenue and expenditure, and which contribute better to growth and skills enhancement; better operation of the internal market; use of our enormous potential as a market of 450 million consumers; and, as we have all mentioned, the need for better coordination.

But core inflation has also been sticky, because of upward pressures on unit labour costs from steady nominal wage growth in combination with a cyclically induced slowdown in productivity growth, and a slow pass-through of the euro appreciation into consumer prices.

It did this against a background of stalled growth, weakened business and consumer confidence, subdued investment and signs of a cyclical rise in unemployment.