Industrial production output in December 2008

03.02.2009

In 2008 industrial production output 1 (at current prices) comprised LVL 4789 mln, of which in December – LVL 379.3 mln, according to the data of Central Statistical Bureau.

Compared to 2007 industrial production output in 2008 (at constant prices) decreased by 6.7%, of which in manufacturing by 8.3%, in electricity, gas and water supply by 0.7%, but in mining and quarrying there was an increase of 2.4%. Most notable volume decrease was recorded in manufacturing of furniture, manufacturing n.e.c. – 29.8%, in manufacturing of machinery, mechanisms, and equipment – 16.5%, and in manufacturing of rubber and plastic products - 15.9%. But increase, in turn, was observed in manufacturing of other transport equipment (repairing and construction of ships and boats) – 35.7%, and in manufacture of motor vehicles, trailers and semi-trailers – 0.9%.

Volume index of manufacturing (2000=100)

Compared to 3rd quarter of 2008 industrial production output in the 4th quarter of 2008, except steam and water supply, according to seasonally adjusted data2 has decreased by 6.3%, of which in mining and quarrying by 3%, in manufacturing by 6.7%, and in electricity and gas supply - by 5.4%.

Compared to corresponding quarter of previous year industrial production output in the 4th quarter of 2008, except steam and water supply, according to working day adjusted data has decreased by 12%, of which in mining and quarrying by 2.2%, in manufacturing by 14.2%, and in electricity and gas supply - by 7.4%.

Changes in volume indices of industrial production in 2008 and in 4th quarter of 2008
(at constant prices)

2008 as %

of2007

(non-adjusted)

X - XII 2008 as % of

VII – IX 2008 (seasonally adjusted)

X – XII 2007 (working day adjusted)

Industry, except water and steam supply

-6.7

-6.3

-12.0

Mining and quarrying

2.4

-3.0

-2.2

Manufacturing

-8.3

-6.7

-14.2

Manufacturing of food products and beverages

-6.5

-16.6

-6.2

 

processing and preservation of meat and meat products

-5.4

-0.6

-4.0

 

processing and preserving of fish and fish products

2.7

4.9

-5.7

 

manufacture of dairy products

-10.3

2.1

-6.5

 

manufacture of grain mill products, starches and starch products

-12.5

-3.1

-12.5

 

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

-7.1

-8.2

-4.7

 

manufacture of beverages

-7.2

2.4

-7.3

Manufacturing of textiles

-14.5

-7.6

-23.4

Manufacturing of wearing apparel; processing and colouring of furs

-16.8

-1.1

-13.6

Manufacturing of wood and cork articles, except furniture

-11.2

-2.6

-19.6

 

sawmilling and planning of wood, impregnation of wood

-18.9

-2.3

-14.9

Manufacture of pulp, paper and paper products

-6.1

-4.5

-14.9

Publishing, printing and reproduction of recorded media

-7.0

-7.2

-15.0

Manufacturing of chemicals, chemical products and man-made fibres

-3.8

-1.6

-6.2

Manufacturing of rubber and plastic products

-15.9

-9.6

-25.5

Manufacture of other non-metallic mineral products

-11.8

-13.9

-16.3

Manufacturing of basic metals

-7.7

-13.1

-10.5

Manufacturing of fabricated metal products, except machinery and equipment

1.6

-8.6

-20.6

Manufacturing of machinery, mechanisms, and equipment

-16.5

-12.7

-30.0

Manufacturing of electrical machinery and equipment

-11.8

-17.9

-24.3

Manufacture of motor vehicles, trailers and semi-trailers

0.9

-33.9

-32.3

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

35.7

-3.4

16.2

Manufacturing of furniture; manufacturing not classified otherwise

-29.8

-8.6

-30.4

 

manufacture of furniture

-30.6

-7.1

-29.7

Electricity and gas supply

-0.7

-5.4

-7.4

Compared to November volume of industrial production, except steam and water supply, in December 2008 according to seasonally adjusted data reduced by 2.5%, of which in manufacturing by 3.3%, in electricity and gas supply – by 1.1%, but in mining and quarrying there was an increase of 3.9%.

Compared to December of previous year in December 2008 industrial production output, except steam and water supply, has reduced by 14.2%, according to working day adjusted data. Of which in manufacturing – by 18.2%, in mining and quarrying - by 10.6%, but in electricity and gas supply - by 6.4%.

Changes in volume indices of selected manufacturing branches December 2008 as % of December 2007 (working day adjusted data)

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

XII 2008 as % of

XI 2008 (seasonally adjusted) 2

XII 2007(working day adjusted)

Industry, except water and steam supply

-2.5

-14.2

Mining and quarrying

3.9

-10.6

Manufacturing

-3.3

-18.2

Manufacturing of food products and beverages

0.8

-9.1

processing and preservation of meat and meat products

0.3

-2.6

processing and preserving of fish and fish products

-0.7

-8.4

manufacture of dairy products

1.3

-1.2

manufacture of grain mill products, starches and starch products

1.1

-9.3

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

0.1

-13.9

manufacture of beverages

-3.0

-12.8

Manufacturing of textiles

-1.9

-23.2

Manufacturing of wearing apparel; processing and colouring of furs

-23.5

-29.5

Manufacturing of wood and cork articles, except furniture

-4.6

-29.1

sawmilling and planning of wood, impregnation of wood

-7.1

-23.5

Manufacture of pulp, paper and paper products

-9.9

-21.1

Publishing, printing and reproduction of recorded media

-6.8

-18.7

Manufacturing of chemicals, chemical products and man-made fibres

-21.6

-13.2

Manufacturing of rubber and plastic products

-5.5

-28.2

Manufacture of other non-metallic mineral products

-5.7

-28.2

Manufacturing of basic metals

50.5

10.0

Manufacturing of fabricated metal products, except machinery and equipment

-9.4

-33.7

Manufacturing of machinery, mechanisms, and equipment

-0.3

-35.5

Manufacturing of electrical machinery and equipment

-5.0

-36.2

Manufacture of motor vehicles, trailers and semi-trailers

17.2

-19.0

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

-23.1

26.1

Manufacturing of furniture; manufacturing not classified otherwise

2.7

-26.3

manufacture of furniture

1.5

-25.4

Electricity and gas supply

-1.1

-6.4

1 Data 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.

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.

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

Prepared by the Industrial Statistics Section
Tel. +371 67366953
Ramona Skakunova