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Weak dollar disguises global market contraction

机译:美元疲软掩盖了全球市场的萎缩

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The nominal value of the global agrochemical market at the distributor level rose by 5.9% to 26,635 million in 2003,according to preliminary estimates by UK consultants Phillips McDougall.However,the increase was due to the weakening of the US dollar against virtually all major currencies.After taking currency effects and inflation into account,the global market fell by 1.6%.While all of the major regional markets recorded nominal US dollar growth in 2003,only Latin America saw any expansion in real terms,with a 3.3% increase.
机译:根据英国顾问菲利普斯·麦克杜加尔(Phillips McDougall)的初步估计,2003年全球农用化学品市场的分销商名义价值增长了5.9%,达到266.35亿美元。扣除汇率因素和通货膨胀因素后,全球市场下降了1.6%。尽管所有主要区域市场在2003年均实现了名义美元增长,但只有拉丁美洲实际增长,增长了3.3%。

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