Industrial production output in March 2009

05.05.2009

In March 2009 industrial production output1 (at current prices) comprised LVL 297.6 mln, according to the data of Central Statistical Bureau.

Volume index of manufacturing (2005=100)



Compared to
February 2009 industrial production volume in March 2009 has reduced by 0.8%, according to seasonally adjusted data2. Of which in manufacturing – by 0.7%, in electricity and gas supply - by 2.6%, but in mining and quarrying there was an increase of 7.1%. Manufacture of textiles witnessed reduction of 16.3%, in manufacture of motor vehicles, trailers and semi-trailers there was a decrease of 12.3%, in manufacturing of fabricated metal products, except machinery and equipment – of 9.5%. Industrial production volume in manufacture of electrical equipment increased by 35%, in the manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock) – by 13.3% and in manufacture paper and paper products – by 12.3%.

Compared to March of previous year in March 2009 industrial production output has reduced by 23.4%, according to working day adjusted data. Of which in manufacturing – by 26.6%, in electricity and gas supply - by 14.1%, but in mining and quarrying there was an increase of 25%. Most notable reduction of industrial production output was recorded in manufacture of textiles - 59.2%, in manufacture of motor vehicles, trailers and semi-trailers – 52.9%, and in manufacture of machinery and equipment n.e.c. - 47.2%.

Changes in volume indices of industrial production in March 2009

(at constant prices)

III 2009 as % of

II 2009

(seasonally adjusted)2

III 2008

(working day adjusted)

Industry total

-0.8

-23.4

Mining and quarrying

7.1

25.0

Manufacturing

-0.7

-26.6

Manufacture of food products

1.7

-9.4

processing and preserving of meat and production of meat products

2.0

-6.8

processing and preserving of fish, crustaceans

8.9

-19.3

manufacture of dairy products

0.2

-3.7

manufacture of grain mill products, starches and starch products

0.9

-11.6

manufacture of bakery and farinaceous products (manufacture of bread, rusks and biscuits, macaroni, noodles, couscous and similar farinaceous products)

1.3

-8.4

manufacture of other food products (manufacture of sugar confectionery, tea and coffee and other food products n.e.c.)

7.4

-4.0

Manufacture of beverages

8.7

-15.0

Manufacture of textiles

-16.3

-59.2

Manufacture of wearing apparel

-8.3

-39.0

Manufacture of wood and cork articles, except furniture

1.0

-17.3

Manufacture of paper and paper products

12.3

-19.3

Printing and reproduction of recorded media

-9.4

-33.6

Manufacture of chemicals and chemical products

4.8

-20.5

Manufacture of basic pharmaceutical products and pharmaceutical preparations

-1.7

-30.3

Manufacture of rubber and plastic products

-1.6

-37.0

Manufacture of other non-metallic mineral products

2.5

-35.2

Manufacture of basic metals

-8.2

-9.9

Manufacture of fabricated metal products, except machinery and equipment

-9.5

-45.1

Manufacture of computer, electronic and optical products

10.5

-20.3

Manufacture of electrical equipment

35.0

-7.6

Manufacture of machinery and equipment n.e.c.

6.4

-47.2

Manufacture of motor vehicles, trailers and semi-trailers

-12.3

-52.9

Manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock)

13.3

-43.4

Manufacture of furniture

4.9

-20.1

Repair and installation of machinery and equipment (repair and maintenance of ships and boats, repair of fabricated metal products, machinery and equipment, installation of industrial machinery and equipment)

-8.1

-13.4

Electricity and gas supply

-2.6

-14.1

2009 compared to 4th quarter of 2008 industrial production output in the 1st quarter of 2009 according to seasonally adjusted data has decreased by 11.9%, of which in manufacturing by 12.8%, in electricity and gas supply - of 9.8%, but in mining and quarrying there was a growth of 4.3%. Most notable volume reduction was recorded in manufacture of chemicals and chemical products – 51.4%, in manufacture of textiles - 42.6%, and in manufacture of motor vehicles, trailers and semi-trailers – 36.1%.

Compared to the previous quarter industrial production output in the 1st quarter of this year grew in repair and installation of machinery and equipment (repair and maintenance of ships and boats, repair of fabricated metal products, machinery and equipment, installation of industrial machinery and equipment) – by 6.2% and in manufacture of electrical equipment – by 2.4%.

Compared to corresponding quarter of previous year industrial production output in the 1st quarter of 2009 according to working day adjusted data has reduced by 23.2%, of which in manufacturing by 26.4%, in electricity and gas supply – by 12.3%, but in mining and quarrying there was an increase of 2.2%. Most notable volume reduction was recorded in manufacture of textiles - 56.2%, in manufacture of motor vehicles, trailers and semi-trailers – 53%, and in manufacture of machinery and equipment n.e.c. - 46.5%.

Compared to the 1st quarter of previous year industrial production output in 1st quarter of 2009 increased in repair and installation of machinery and equipment (repair and maintenance of ships and boats, repair of fabricated metal products, machinery and equipment, installation of industrial machinery and equipment) – by 2.6%.

Changes in volume indices of industrial production in 1st quarter of 2009

(at constant prices)

I - III 2009 as % of

X – XII 2008 (seasonally adjusted)

I – III 2008 (working day adjusted)

Industry total

-11.9

-23.2

Mining and quarrying

4.3

2.2

Manufacturing

-12.8

-26.4

Manufacture of food products

-1.6

-12.3

processing and preserving of meat and production of meat products

-6.4

-9.0

processing and preserving of fish, crustaceans

-9.8

-26.4

manufacture of dairy products

-2.8

-7.8

manufacture of grain mill products, starches and starch products

-4.9

-16.3

manufacture of bakery and farinaceous products (manufacture of bread, rusks and biscuits, macaroni, noodles, couscous and similar farinaceous products)

-3.2

-9.7

manufacture of other food products (manufacture of sugar confectionery, tea and coffee and other food products n.e.c.)

7.1

-18.2

Manufacture of beverages

-14.4

-24.2

Manufacture of textiles

-42.6

-56.2

Manufacture of wearing apparel

-25.0

-31.8

Manufacture of wood and cork articles, except furniture

-8.3

-26.2

Manufacture of paper and paper products

-9.8

-24.7

Printing and reproduction of recorded media

-16.4

-30.4

Manufacture of chemicals and chemical products

-51.4

-26.7

Manufacture of basic pharmaceutical products and pharmaceutical preparations

0.8

-20.0

Manufacture of rubber and plastic products

-12.5

-34.8

Manufacture of other non-metallic mineral products

-9.9

-41.7

Manufacture of basic metals

-0.5

-9.3

Manufacture of fabricated metal products, except machinery and equipment

-23.7

-36.9

Manufacture of computer, electronic and optical products

-17.8

-19.6

Manufacture of electrical equipment

2.4

-25.5

Manufacture of machinery and equipment n.e.c.

-28.8

-46.5

Manufacture of motor vehicles, trailers and semi-trailers

-36.1

-53.0

Manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock)

-33.3

-38.2

Manufacture of furniture

-8.2

-24.1

Repair and installation of machinery and equipment (repair and maintenance of ships and boats, repair of fabricated metal products, machinery and equipment, installation of industrial machinery and equipment)

6.2

2.6

Electricity and gas supply

-9.8

-12.3

More information on seasonally adjusted, working day adjusted and non-adjusted industrial production volume indices is available in the data base of CSB: See here

Prepared by the Industrial Statistics Section

Tel. 67366953

Ramona Skakunova

_________

1 Data are compiled on economically active enterprises, which in industrial production employ 20 and more persons, or in which industrial turnover previous year exceeded LVL 300 thsd.

Industrial production volume in accordance with the Statistical Classification of Economic Activities NACE 2.rev. includes Mining and quarrying (B), Manufacturing (C) and Electricity, gas, steam and air conditioning supply (D), except steam and air conditioning supply (35.3).

2 The influence of varying number of working days in the month and factors of seasonal repetition, i.e., seasonal fluctuations of goods produced in selected economic activities, has been eliminated.