Industrial production output in January 2009

06.03.2009

In January 2009 industrial production output1 (at current prices) comprised LVL 295.3 mln, according to the data of Central Statistical Bureau.

Volume index of manufacturing (2005=100)

Compared to December 2008 industrial production volume in January 2009 has reduced by 11.2%, according to seasonally adjusted data2. Of which in mining and quarrying – by 3.7%, in manufacturing - by 12.9%, but in electricity and gas supply - by 4.2%. The most notable production decrease was recorded in manufacturing of chemicals and chemical products – by 53.6%, in the manufacturing of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock) – by 23.1% and in manufacture of textiles – by 17.4%.

Compared to previous month in January of this year industrial production output grew in the manufacture of basic pharmaceutical products and pharmaceutical preparations - by 16.8%, in manufacture of computer, electronic and optical products – by 8%, in manufacture of pulp, paper and paper products – by 5.4%, in manufacturing of wearing apparel – by 4.3%, in manufacture of electrical equipment – by 2.5%.

Compared to January of previous year in January 2009 industrial production output has reduced by 23.9%, according to working day adjusted data. Of which in mining and quarrying by 12.7%, in manufacturing - by 27.2%, but in electricity and gas supply - by 13.3%. The most notable industrial production output reduction was recorded in manufacture of textiles – by 46.3%, in manufacture of non-metallic mineral products – by 40.9% and in manufacturing of wood and cork articles – by 35.9%.

Compared to January of previous year in January 2009 industrial production output increased in the manufacture of basic pharmaceutical products and pharmaceutical preparations – by 4.9% and in manufacture of computer, electronic and optical products – by 1.5%.

Changes in volume indices of industrial production in January 2009 (at constant prices)

I 2009 as % of

XII 2008(seasonally adjusted)2

I 2008  (working day adjusted)

Industry, except water and steam supply

-11.2

-23.9

Mining and quarrying

-3.7

-12.7

Manufacturing

-12.9

-27.2

Manufacture of food products

-0.8

-13.7

processing and preservation of meat and meat products

-4.0

-8.2

Processing and preserving of fish, crustaceans and molluscs

-4.7

-24.7

manufacture of dairy products

-4.6

-11.7

manufacture of grain mill products, starches and starch products

-6.4

-21.5

manufacture of bakery and farinaceous products (manufacture of bread, rusks and biscuits, macaroni, noodles, couscous and similar farinaceous products)

2.8

-8.0

manufacture of other food products (manufacture of sugar confectionery, tea and coffee and other food products n.e.c.)

8.1

-16.1

Manufacture of beverages

-6.9

-30.3

Manufacture of textiles

-17.4

-46.3

Manufacture of wearing apparel

4.3

-20.7

Manufacturing of wood and cork articles, except furniture

-9.2

-35.9

Manufacture paper and paper products

5.4

-27.1

Printing and reproduction of recorded media

-9.3

-35.2

Manufacture of chemicals and chemical products

-53.6

-30.7

Manufacture of basic pharmaceutical products and pharmaceutical preparations

16.8

4.9

Manufacturing of rubber and plastic products

-2.1

-28.0

Manufacture of other non-metallic mineral products

-1.5

-40.9

Manufacturing of basic metals

-6.6

-11.5

Manufacturing of fabricated metal products, except machinery and equipment

-8.2

-29.0

Manufacture of computer, electronic and optical products

8.0

1.5

Manufacture of electrical equipment

2.5

-34.6

Manufacture of machinery and equipment n.e.c.

-14.1

-25.7

Manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock)

-23.1

-15.7

Manufacture of furniture

-8.3

-19.7

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)

-11.1

-13.9

Electricity and gas supply

-4.2

-13.3

Starting with January 2009 in the calculations of industrial production volume index Statistical Classification of Economic Activities in the European Community, Rev. 2 (NACE Rev. 2) has been used. In January 2009 weights used in the calculations of industrial production volume index are updated – breakdown of value added of 2005 is used, in accordance with the structure of NACE 2. Rev. Average volume of goods produced per month in 2005 is used as the base for the comparison.

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

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 in accordance with the Statistical Classification of Economic Activities NACE 2.rev. includes Mining and quarrying (B), Manufacturing (C) and Electricity, gas, steam and air conditioning supply (D), except Steam and air conditioning supply (35.3).

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. +371 67366953
Ramona Skakunova