times the price that it was to get in our products here. all of that goes up business costs, internal costs, warehouse costs, everything. over in salisbury, this maker of industrial pumps has sped up production as higher demand overcomes costs and an increase in red tape prompted by brexit. i think it s on the way up. i think for us, we re sensing more activity in certain industries. the offshore industry for us has definitely seen a resurgence. so, we re outpacing some other big countries on growth, although there s not much to toast. i m not going to be delighted to see growth of 0.2%, - but if you look at our peer group, we re in the middle of the pack. i germany is flat. italy is down 0.3%. so this is in line withl all economies dealing with the aftermath of covid, - the disruption caused by russia s actions in the ukraine.
leggings sold and a boost to the financial health of the nation over the spring. it’s financial health of the nation over the s-urin. v , financial health of the nation over thes-urin. h , ., , financial health of the nation over the spring- the spring. it s been really good, reall , the spring. it s been really good, really. really the spring. it s been really good, really, really grateful the spring. it s been really good, really, really grateful that - the spring. it s been really good, really, really grateful that we - the spring. it s been really good, | really, really grateful that we had such a good start to the year. naturally with our business with what we do we are a bit slower in the summer months but it will pick up the summer months but it will pick up for q3 and 0a, the summer months but it will pick up for q3 and oh, i ve got no doubt about that. up for 03 and 04, i ve got no doubt about that. , ., up for 03 and 04, i ve got no doubt about that- about that. this
otherwise it could ve been a stretch. it s really, really tough, because when our materials go up. shipping, you know, ithink last year our containers went up three times the price that it was to get in our products here. all of that goes up, business costs, internal costs, warehouse costs, everything. over in salisbury, this maker of industrial pumps has sped up production as higher demand overcomes costs and an increase in red tape prompted by brexit. i think it s on the way up. i think for us, we re sensing more activity in certain industries. the offshore industry for us has definitely seen a resurgence. there are many sectors that make up our economy, but all of these saw the biggest gains between april and june. they include retail, hotels and restaurants, those reliant on customers feeling flush, and manufacturing, including that of vehicles. but all of that is in the past. higher interest rates are now affecting more than half of borrowers.
The Japanese utility Kansai Electric Power Corporation (KEPCO) has signed an agreement with Saitec Offshore Technologies, joining the DemoSATH project.
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