date:Aug 07, 2012
turned positive, averaging 2%. But, with the next bout of pricing in 2011 we have seen three consecutive semesters of negative growth, with H1 (the first half of the 2012 financial year) at -2%.
In addition, value growth had slowed over the past two semesters from about +2% in H1 2011 to 0% in H1 2012, he said.H1 2012 is of particular concern given that volumes have been consistently weak, despite pricing that has fallen away, leading to a drop in growth.
Recent discussions between Sanford C