Industrial output in September 2008

03.11.2008

In January – September 2008 industrial production output1 (at current prices) comprised LVL 3610 mln, of which in September – LVL 409.2 mln, according to the data of Central Statistical Bureau.

Compared to August 2008 industrial production volume (at constant prices), excluding steam and water supply, in September 2008 increased by 1.8%, according to seasonally adjusted data (seasonal and working day influence was taken into account). Of which in mining and quarrying – by 9.1%, in manufacturing - by 0.4%, but in electricity and gas supply - by 5%. Industrial production growth was mainly influenced by the volume increase in manufacturing of fabricated metal products, except machinery and equipment – by 8%, in manufacturing of food products and beverages – by 4% and in manufacturing of wood and cork articles, except furniture – by 1.1%.

Compared to September of previous year in September 2008 industrial production output, except steam and water supply, has reduced by 5.4%, according to working day adjusted data. Of which in manufacturing – by 8.6%, but in mining and quarrying there was an increase of 14.4%, and in electricity and gas supply - of 4.4%. Industrial production output decrease was mainly influenced by the volume reduction in the manufacturing of furniture – by 27.7%, in manufacture of wood and of products of wood and cork – by 14.3%, in manufacture of pulp, paper and paper products – 15.3%, and in manufacturing of food products and beverages – by 4.7%.

Volume index of manufacturing (2000=100)

1Data 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 includes income from produced goods and sale of works (services) of industrial character excluding value added tax, final product stock and unfinished product stock changes at the end of the reference period in comparison with the beginning of the reference period, and value of equipment produced with the help of the enterprise labour force for own needs, as well as, capital repairs of the equipment.

Changes in volume indices of industrial production in September 2008 (at constant prices)

IX 2008 as % of

VIII 2008 (seasonally adjusted) 2

IX 2007(working day adjusted)

Industry, except water and steam supply

1.8

-5.4

Mining and quarrying

9.1

14.4

Manufacturing

0.4

-8.6

Manufacturing of food products and beverages

4.0

-4.7

processing and preservation of meat and meat products

0.8

-5.5

processing and preserving of fish and fish products

12.0

7.5

manufacture of dairy products

1.9

-12.4

manufacture of grain mill products, starches and starch products

5.5

-12.4

manufacture of other food products (bread, confectionery, sugar)

0.6

-4.4

manufacture of beverages

5.7

1.1

Manufacturing of textiles

2.8

-16.1

Manufacturing of wearing apparel; processing and colouring of furs

-8.5

-23.3

Manufacturing of wood and cork articles, except furniture

1.1

-14.3

sawmilling and planning of wood, impregnation of wood

5.9

-18.5

Manufacture of pulp, paper and paper products

-0.3

-15.3

Publishing, printing and reproduction of recorded media

-2.3

-12.5

Manufacturing of chemicals, chemical products and man-made fibres

-1.4

-10.3

Manufacturing of rubber and plastic products

0.9

-9.9

Manufacture of other non-metallic mineral products

5.3

3.2

Manufacturing of basic metals

5.1

-5.6

Manufacturing of fabricated metal products, except machinery and equipment

8.0

16.1

Manufacturing of machinery, mechanisms, and equipment

-13.0

-27.2

Manufacturing of electrical machinery and equipment

68.7

-2.3

Manufacture of motor vehicles, trailers and semi-trailers

14.0

-19.9

Manufacturing of other transport equipment (repairing and construction of ships and boats)

-18.6

43.8

Manufacturing of furniture; manufacturing not classified otherwise

-2.5

-30.1

manufacture of furniture

-0.7

-27.7

Electricity and gas supply

5.0

4.4

Compared to 2nd quarter of 2008 industrial production output in the 3rd quarter of 2008, except steam and water supply, according to seasonally adjusted data has decreased by 1.8%, of which in manufacturing by 3.3%, in mining and quarrying there was a growth of 2.7%, and in electricity and gas supply - of 1.7%.

Compared to corresponding quarter of previous year industrial production output in the 3rd quarter of 2008, except steam and water supply, according to working day adjusted data has reduced by 7.6%, of which in manufacturing by 9.8%, in electricity and gas supply – by 0.7%, but in mining and quarrying there was an increase of 8.7%.

Compared to corresponding period of previous year industrial production output in January – September 2008 has reduced by 4.3%. Of which in manufacturing – by 6.2%, but in mining and quarrying there was an increase of 3.9%, and in electricity and gas supply - of 2.3%. Most notable industrial production decrease was recorded in the manufacturing of furniture – by 30.3%, in manufacturing of wearing apparel; processing and colouring of furs – by 17.3% and in manufacturing of rubber and plastic products- by 12.5%. But most notable increase – in the manufacturing of other transport equipment (repairing and construction of ships and boats) – by 42.9%, in manufacturing of fabricated metal products, except machinery and equipment – by 11.4%, and in manufacture of motor vehicles, trailers and semi-trailers – by 8.5%.

Changes in volume indices of industrial production in 3rd quarter of 2008 (at constant prices)

I - IX 2008 as %of I - IX 2007(non-adjusted)

VII - IX 2008 as % of

IV – VI 2008 (seasonally adjusted)

VII – IX 2007 (working day adjusted)

Industry, except water and steam supply

-4.3

-1.8

-7.6

Mining and quarrying

3.9

2.7

8.7

Manufacturing

-6.2

-3.3

-9.8

Manufacturing of food products and beverages

-6.3

-1.4

-8.9

processing and preservation of meat and meat products

-5.7

-1.1

-5.4

processing and preserving of fish and fish products

6.5

-6.3

-4.1

manufacture of dairy products

-11.2

-3.5

-15.1

manufacture of grain mill products, starches and starch products

-12.1

-0.9

-11.7

manufacture of other food products (bread, confectionery, sugar)

-8.0

2.8

-6.3

manufacture of beverages

-7.0

-2.3

-10.9

Manufacturing of textiles

-11.5

-2.3

-14.0

Manufacturing of wearing apparel; processing and colouring of furs

-17.3

0.0

-12.1

Manufacturing of wood and cork articles, except furniture

-8.5

-2.6

-16.0

sawmilling and planning of wood, impregnation of wood

-19.7

-6.1

-24.2

Manufacture of pulp, paper and paper products

-2.4

-5.5

-10.1

Publishing, printing and reproduction of recorded media

-4.0

-1.4

-7.8

Manufacturing of chemicals, chemical products and man-made fibres

-2.3

-2.0

-8.2

Manufacturing of rubber and plastic products

-12.5

-3.2

-12.8

Manufacture of other non-metallic mineral products

-10.3

4.7

-0.7

Manufacturing of basic metals

-7.3

-0.4

-3.3

Manufacturing of fabricated metal products, except machinery and equipment

11.4

-5.5

5.4

Manufacturing of machinery, mechanisms, and equipment

-10.8

-7.4

-13.4

Manufacturing of electrical machinery and equipment

-7.3

-13.4

-14.6

Manufacture of motor vehicles, trailers and semi-trailers

8.5

-24.3

-16.6

Manufacturing of other transport equipment (repairing and construction of ships and boats)

42.9

-17.3

19.0

Manufacturing of furniture; manufacturing not classified otherwise

-29.1

-6.9

-32.4

manufacture of furniture

-30.3

-6.7

-33.1

Electricity and gas supply

2.3

1.7

-0.7

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

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.

Prepared by the Industrial Statistics Section
Tel.67366953
Ramona Skakunova