Industrial production fell by 2.1% in May

06.07.2015

Latest data compiled by the Central Statistical Bureau show that, compared to April industrial production volume in May 2015 (according to seasonally adjusted data at constant prices) decreased by 2.1%. Of which in mining and quarrying there was a drop of 12.8%, in manufacturing - of 1.9%, and in electricity and gas supply - of 0.3%.

Volume index of manufacturing
(2010=100)

Compared to May 2014 industrial production volume in May 2015 (according to calendar adjusted data at constant prices) grew by 6.5%, of which in mining and quarrying – by 1.1% and in manufacturing – by 8.5%, while electricity and gas supply witnessed a decrease of 0.9%.

The largest growth in May 2015 compared to the corresponding period of the previous year was registered in manufacture of basic metals. Growth was also recorded in manufacture of chemicals and chemical products - of 24.8%, in manufacture of computer, electronic and optical products – of 19.2%, in manufacture of furniture - of 11.4%, and in manufacture of wood and of products of wood - of 2.7%.

In turn, production drop was observed in manufacture of wearing apparel - of 15.9%, in manufacture of textiles - of 12%, in manufacture of other non-metallic mineral products - of 5.7%, and in manufacture of food products - of 5.5%.

Changes in volume of industrial production, %
(at constant prices)

 

January - May 2015

compared to

January - May 

2014

 (calendar adjusted)

May 2015

compared to

April 2015

(seasonally adjusted)

May    

2014 (calendar adjusted)

All production

4.5

-2.1

6.5

Mining and quarrying

9.7

-12.8

1.1

Manufacturing

6.6

-1.9

8.5

Manufacture of food products

-5.6

-0.2

-5.5

Manufacture of textiles

-17.4

3.1

-12.0

Manufacture of wearing apparel

-17.8

1.0

-15.9

Manufacture of wood and cork articles, except furniture

6.9

-1.5

2.7

Manufacture of chemicals and chemical products

12.0

-14.1

24.8

Manufacture of other non-metallic mineral products

-6.8

1.4

-5.7

Manufacture of fabricated metal products, except machinery and equipment

-1.1

-4.3

-5.3

Manufacture of computer, electronic and optical products

62.3

-12.9

19.2

Manufacture of electrical equipment

-9.2

-4.3

-0.1

Manufacture of machinery and equipment

4.5

-6.0

10.4

Manufacture of motor vehicles, trailers and semi-trailers

4.0

-21.6

-3.2

Manufacture of furniture

13.9

-3.2

11.4

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)

-4.9

-16.7

-11.7

Electricity and gas supply

-4.8

-0.3

-0.9

More information on seasonally adjusted, calendar adjusted and non-adjusted industrial production volume indices and weights structure used for the calculations is available in the CSB database section Industry.

 

More information:
Industrial and Construction Statistics Section
Līga Pranča
Tel. +371 67366953