Industrial production output in January 2012

05.03.2012

In January 2012 industrial production output1 (at current prices) comprised LVL 420.2 million, according to the data of Central Statistical Bureau.

Industrial production volume index (2005=100)

In comparison with December 2011, industrial production output in January 2012 (according to seasonally adjusted data at constant prices) has increased by 1.9%, of which in manufacturing – by 3%, in electricity and gas supply – by 3.6%, whereas in mining and quarrying there was a reduction of 5.4%.

Compared to January of previous year, industrial production output in January 2012 (according to calendar adjusted data at constant prices) has grown by 8.2%. Of which in mining and quarrying – by 24.4%, in manufacturing - by 16.8%, while in electricity and gas supply there was a decrease of 9.4%.

Most notable growth among the manufacturing sectors was recorded in manufacture of chemicals and chemical products – 2 times, in 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) – of 89.7%, and in manufacture of electrical equipment – of 40.5%. Whereas most significant reduction was observed in manufacture of other transport equipment – of 23.7%, in manufacture of wearing apparel – of 4.5%, in manufacture of basic pharmaceutical products and pharmaceutical preparations – of 2.5%, and in manufacture of food products – of 0.8%.

Changes in volume of industrial production
(at constant prices)

 

I 2012 as % of

XII 2011

(seasonally adjusted)

I 2011

(calendar adjusted)

All production

1.9

8.2

Mining and quarrying

-5.4

24.4

Manufacturing

3.0

16.8

Manufacture of food products

-1.4

-0.8

Manufacture of textiles

2.8

10.0

Manufacture of wearing apparel

9.4

-4.5

Manufacture of wood and cork articles, except furniture

3.8

15.1

Manufacture of chemicals and chemical products

2.5

100.0

Manufacture of basic pharmaceutical products and pharmaceutical preparations

15.8

-2.5

Manufacture of other non-metallic mineral products

1.9

34.4

Manufacture of basic metals

10.2

29.0

Manufacture of fabricated metal products, except machinery and equipment

10.2

33.1

Manufacture of computer, electronic and optical products

-3.3

17.3

Manufacture of electrical equipment

-15.1

40.5

Manufacture of motor vehicles, trailers and semi-trailers

3.6

37.5

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

46.6

-23.7

Manufacture of furniture

-1.0

5.2

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)

30.0

89.7

Electricity and gas supply

3.6

-9.4

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

Prepared by the Industrial Statistics Section
Tel. 67366953
Ramona Skakunova


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 thousand.
Industrial production volume in accordance with the Statistical Classification of Economic Activities NACE Rev. 2 includes mining and quarrying, manufacturing and electricity, gas, steam and air conditioning supply, except steam and air conditioning supply.