Industrial production output in July 2012

03.09.2012

In July 2012 industrial production output1 (at current prices) comprised LVL 420.9 mln, according to the data of Central Statistical Bureau.

Industrial production volume index
(2005=100)

Compared to June 2012, industrial production volume in July 2012 grew by 0.2%, according to seasonally adjusted data at constant prices. Of which in mining and quarrying by 9.5%, in electricity and gas supply – by 0.3%, while in manufacturing industrial production stayed at the previous month’s level. Most notable industrial production rise in manufacturing was recorded in manufacture of basic pharmaceutical products and pharmaceutical preparations – of 27.7%, in publishing, printing and reproduction of recorded media – of 8.2%, and in manufacture of other non-metallic mineral products - of 6.8%. Whereas most notable decrease was observed in manufacture of computer, electronic and optical products – of 16.9%, in manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock) – of 11.9%, and in manufacture of fabricated metal products, except machinery and equipment – of 11.9%.

Compared to July of previous year, industrial production output in July 2012 at constant prices increased by 5.3%, according to calendar adjusted data. Of which in manufacturing – by 7.3%, in mining and quarrying – by 0.3%, whereas in electricity and gas supply there was a decrease of 1.7%. Most notable  growth in manufacturing was observed in manufacture of chemicals and chemical products – of 48.5%, in manufacture of basic metals – of 40.9%, and in manufacture of basic pharmaceutical products and pharmaceutical preparations – of 39.4%. While most significant  reduction was recorded in manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock) – of 45.6%, in manufacture of wearing apparel – of 14%, and in manufacture of rubber and plastic products – of 6.9%.

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

 

January-July 2012

compared to

January-July 2011

 (calendar adjusted)

July 2012

compared to

June 2012

(seasonally adjusted)

 July 2011

(calendar adjusted)

All production

6.4

0.2

5.3

Mining and quarrying

5.7

9.5

0.3

Manufacturing

10.4

0.0

7.3

Manufacture of food products

0.5

0.1

3.3

Manufacture of textiles

9.3

6.0

35.7

Manufacture of wearing apparel

-8.0

-9.4

-14.0

Manufacture of wood and cork articles, except furniture

8.1

-3.5

3.9

Manufacture of chemicals and chemical products

35.2

-5.2

48.5

Manufacture of basic pharmaceutical products and pharmaceutical preparations

-7.2

27.7

39.4

Manufacture of other non-metallic mineral products

6.5

6.8

10.6

Manufacture of basic metals

33.7

6.2

40.9

Manufacture of fabricated metal products, except machinery and equipment

19.7

-11.9

1.3

Manufacture of computer, electronic and optical products

16.0

-16.9

24.2

Manufacture of electrical equipment

27.1

1.0

35.6

Manufacturing of machinery,  and equipment

8.5

-7.3

1.1

Manufacture of motor vehicles, trailers and semi-trailers

22.4

-9.4

8.1

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

-11.4

-11.9

-45.6

Manufacture of furniture

2.4

-2.3

-0.6

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)

54.2

4.7

7.3

Electricity and gas supply

-5.2

0.3

-1.

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

           

Prepared by the Industrial Statistics Section
Irēna Bekmane
Tel. 67366830

 

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1 Data are compiled on economically active enterprises, which in industrial production employ 20 and more persons, or industrial turnover of which previous year exceeded LVL 300 thousand.
Industrial production volume, in compliance 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.