In December, industrial production decreased by 1.2 %

03.02.2016

Data compiled by the Central Statistical Bureau (CSB) show that, as compared to November 2015, in December 2015, industrial production output (according to seasonally adjusted data at constant prices) has decreased by 1.2 %, of which by 3.6 % in electricity and gas supply, whereas in manufacturing there was a rise of 0.1 % and in mining and quarrying – of 3.7 %.

As compared to December 2014, in December 2015, industrial production output (according to calendar adjusted data at constant prices) has grown by 2.6 %, of which by 3 % in manufacturing, by 0.1 % in mining and quarrying, and by 1.9 % in electricity and gas supply.

Quarterly changes

Compared to the 3rd quarter of 2015, in the 4th quarter of 2015, industrial production output (according to seasonally adjusted data at constant prices) decreased by 1.4 %. Of which by 0.7 % in manufacturing and by 4.7 % in mining and quarrying, whereas in electricity and gas supply there was a growth of 2.4 %.

Compared to the corresponding quarter of the year before, in the 4th quarter of 2015, industrial production output (according to calendar adjusted data at constant prices) rose by 3 %. Of which by 2.4 % in manufacturing, by 5.6 % in electricity and gas supply, while in mining and quarrying there was a decrease of 1 %.

Annual changes

Compared to 2014, in 2015, volume of industrial production (according to calendar adjusted data at constant prices) went up by 3.4 %. The rise was due to the volume growth in manufacturing (of 4.1 %), as well as mining and quarrying (of 6.4 %), while electricity and gas supply witnessed a drop of 0.1 %.

As compared to the year before, in 2015 the greatest production increase in manufacturing was recorded in manufacture of computer, electronic and optical products (of 39.3 %), manufacture of furniture (of 13.9 %), wood processing (of 6.9 %) and manufacture of basic metals.

Whereas the most notable production drop in 2015, as compared to 2014, was observed in manufacture of wearing apparel – of 15.6 %, in manufacture of other non-metallic mineral products – of 10 % and in manufacture of food products – of 5 %.

More information on seasonally adjusted, calendar adjusted and non-adjusted industrial production volume indices and weights structure used for the calculations thereof is available in the CSB database section Industry. Data revision conditions are available in the CSB webpage section Metadata – volume indices of industrial production.

 

Volume index of manufacturing (2010=100)

Changes in volume of industrial production, %

 

2015

compared to

2014

(calendar adjusted)

4th quarter of 2015

compared to

December 2015

compared to

3rd quarter of

2015

(seasonally adjusted)

4th quarter

of 2014

(calendar adjusted)

November 2015 (seasonally adjusted)

December 2014

(calendar adjusted)

Total production

3.4

-1.4

3.0

-1.2

2.6

Mining and quarrying

6.4

-4.7

-1.0

3.7

0.1

Manufacturing

4.1

-0.7

2.4

0.1

3.0

Manufacture of food products

-5.0

-4.6

-5.5

1.1

-1.8

Manufacture of textiles

-5.8

-5.4

1.7

-8.0

-1.6

Manufacture of wearing apparel

-15.6

0.7

-10.7

-1.2

5.0

Manufacture of wood and cork articles, except furniture

6.9

4.0

8.7

5.1

13.9

Manufacture of chemicals and chemical products

3.5

15.0

5.7

-2.5

-0.4

Manufacture of non-metallic mineral products

-10.0

-4.9

-14.9

-9.0

-24.3

Manufacture of fabricated metal products, except machinery and equipment

-3.8

1.1

-2.4

-5.3

-5.8

Manufacture of computer, electronic and optical products

39.3

7.4

29.8

4.2

25.3

Manufacture of electrical equipment

-5.5

-2.9

-9.0

18.6

3.4

Manufacture of motor vehicles, trailers and semi-trailers

-1.0

-5.3

-11.0

1.3

-3.0

Manufacture of furniture

13.9

-1.8

10.4

-4.2

12.1

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)

-1.8

-7.2

-0.8

0.6

-3.4

Electricity and gas supply

-0.1

2.4

5.6

-3.6

1.9

 

Media requests:
Beate Danusēviča, Kristīne Romanovska
Information and Communication Section
media [at] csb [dot] gov [dot] lv
Tel.: +371 67366924, +371 67366621, +371 27880666
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More information on data:
Industrial and Construction Statistics Section
Irēna Bekmane
Irena [dot] bekmane [at] csb [dot] gov [dot] lv
Tel. +371 67366830