In April, industrial production output fell by 0.5 %

03.06.2016

Latest data compiled by the Central Statistical Bureau (CSB) show that, compared to April 2015, in April 2016 industrial production output dropped by 0.5 % (according to calendar adjusted data at constant prices), of which by 0.3 % in manufacturing, by 8.6 % in mining and quarrying, and by 0.3 % in electricity and gas supply.

In manufacturing decline was recorded in manufacture of chemicals and chemical products – of 26.8 %, repair and installation of machinery and equipment – of 19.4 %, manufacture of electrical equipment – of 11 %, and manufacture of food products – of 5.9 %. Whereas increase was observed in manufacture of computer, electronic and optical products – of 24.8 %, manufacture of other non-metallic mineral products – of 7.2 %, and manufacture of  wood and of products of wood – of 7.0 %.

Compared to March 2016, in April 2016 industrial production output diminished by 2.0 % (according to seasonally adjusted data at constant prices). Of which in manufacturing there was a reduction of 1.6 %, in electricity and gas supply – of 1.8 %, while in mining and quarrying there was a rise of 1.9 %.

Volume index of manufacturing (2010=100)

Changes in industrial production output, %
(at constant prices)

 

January–April 2016

compared to

January–April

2015

(calendar adjusted)

April 2016

compared to

March 2016

(seasonally adjusted)

April 2015

(calendar

adjusted)

Total industrial production

2.5

-2.0

-0.5

Mining and quarrying

-3.3

1.9

-8.6

Manufacturing

1.3

-1.6

-0.3

Manufacture of food products

-1.9

-4.3

-5.9

Manufacture of textiles

11.3

-1.0

5.2

Manufacture of wearing apparel

-2.9

7.0

1.1

Manufacture of wood and of products of wood and cork, except furniture

9.6

-3.6

7.0

Manufacture of chemicals and chemical products

-6.3

-14.4

-26.8

Manufacture of non-metallic mineral products

8.9

-4.9

7.2

Manufacture of fabricated metal products, except machinery and equipment

4.4

6.3

6.7

Manufacture of computer, electronic and optical products

5.9

15.6

24.8

Manufacture of electrical equipment

-2.0

-6.8

-11.0

Manufacture of machinery and equipment

7.1

-0.7

7.3

Manufacture of motor vehicles, trailers and semi-trailers

1.8

2.2

-2.2

Manufacture of furniture

2.2

1.5

-0.4

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)

-23.4

4.5

-19.4

Electricity and gas supply

9.4

-1.8

-0.3

Manufacturing turnover

Compared to April 2015, in April 2016 manufacturing turnover decreased by 4.1 % (according to calendar adjusted data at current prices), of which by 3.0 % in domestic market and by 5.3 % in export (of which a drop of 12.5 % in non-euro area, and a rise of 5.2 % in euro area).

Compared to March, in April 2016 manufacturing turnover fell by 0.9 % (according to seasonally adjusted data). In domestic market turnover decreased by 2.5 %, in export it rose by 1 % (of which increase of 2.3 % in euro area and decline of 0.9 % in non-euro area).

Changes in turnover of selected manufacturing sectors in April 2016 as % of April 2015 (calendar adjusted data)

More information on seasonally adjusted, calendar adjusted and non-adjusted industrial production output and turnover indices is available in the CSB database section Industry.

Methodological explanations

The industrial production volume index describes changes in the volume of industrial production in the reference period compared to the base period.  The index is estimated by recalculating production output indicator at constant prices with the help of producer prices.

Industrial turnover index measures monthly development of market demand for industrial goods and services. It is calculated at current prices, not excluding price influence.  Unlike industrial goods that also include unfinished goods and goods in stock, turnover only includes the goods sold and industrial services provided.

 

Media requests:
Beate Danusēviča, Sanda Rieksta
Information and Communication Section
E-mail: media [at] csb [dot] gov [dot] lv
Phone: + 371 67366924, + 371 67366621, + 371 27880666
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More information on data:
Irēna Bekmane
Industrial and Construction Statistics Section
E-mail: Irena [dot] Bekmane [at] csb [dot] gov [dot] lv
Phone: + 371 67366830