During nine months of 2013, manufacturing turnover increased by 1.4%

08.11.2013

Calendar adjusted data at constant prices show that, in comparison with the corresponding period of the previous year, manufacturing turnover1 during the nine months of 2013 has increased by 1.4%; of which in domestic market by 4.3%, while in export there was a decrease of 2%.

Changes in turnover of selected manufacturing sectors in nine months of 2013,

as % compared to corresponding period of 2012 (calendar adjusted data)

Data source: Central Statistical Bureau of Latvia

Compared to the corresponding quarter of the previous year, manufacturing turnover, according to calendar adjusted data, in the 3rd quarter of 2013 dropped by 0.2%, of which in export by 7%, while in domestic market there was a rise of 5.5%.

Compared to the 2nd quarter of 2013, manufacturing turnover, according to seasonally adjusted data, in the 3rd quarter of 2013 increased by 3.1%, of which by 3.7% in domestic market and by 2.4% in export.

In comparison with September 2012, manufacturing turnover, according to calendar adjusted data, in September 2013 fell down by 1.6%; of which by 9.1% in export, while in domestic market there was a growth of 5.2%.

The most notable turnover decrease was recorded in manufacture of basic metals – of 84.3% (drop was mainly influenced by export, whereas in domestic market there was increase), in manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock) – of 47.5% (reduction in both markets), and in repair and installation of machinery and equipment – of 25.3% (decline in domestic market, while rise in export).

As compared to August 2013, manufacturing turnover, according to seasonally adjusted data, in September 2013 diminished by 1%, of which by 1.3% in domestic market and by 0.5% in export.

The most significant turnover drop was observed in manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock) – of 20.1% (fall in both markets), in manufacture of motor vehicles, trailers and semi-trailers – of 18.9% (reduction in domestic market, while rise in export), and in manufacture of wearing apparel – of 5.9% (decrease in both markets).

 

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

 

More information:
Industrial Statistics Section
Ramona Skakunova
Tel. +371 67366953



1 Industrial turnover index characterises monthly changes in demand for industrial goods and services on the market.