Industrial production output in June 2012

03.08.2012

 In June 2012, industrial production output1 (at current prices) comprised LVL 443.0 million, according to the data of the Central Statistical Bureau.

Industrial production volume index
(2005=100)

Compared to May 2012, industrial production volume in June 2012 has grown by 1%, according to seasonally adjusted data at constant prices. Of which in manufacturing – by 1.5%, while in mining and quarrying as well as in electricity and gas supply there was a decrease of 4.7% and of 1.9%, respectively.

Compared to June of the previous year, industrial production output in June 2012 increased by 5.4%, according to calendar adjusted data at constant prices. Of which in manufacturing – by 8.1%, whereas in mining and quarrying as well as in electricity and gas supply there was a decrease of 16.3% and 2%, respectively. Most notable rise was recorded in following manufacturing sectors: manufacture of computer, electronic and optical products (of 53.3%), manufacture of basic metals (of 34.7%), and manufacture of chemicals and chemical products (32.6%). Whereas the most significant reduction was observed in manufacture of basic pharmaceutical products and pharmaceutical preparations (of 30.4%), inmanufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock) (of 19.1%), and in manufacture of rubber and plastic products (of 11.9%).

In comparison with the 1st quarter of 2012, industrial production output in the2nd quarter of 2012 increased by 1.8%, according to seasonally adjusted data at constant prices. Of which in manufacturing – by 0.9%, in mining and quarrying – by 2.7%, while in electricity and gas supply there was a decrease of 0.6%.

Compared to the corresponding quarter of the previous year, industrial production output in the 2nd quarter of 2012 rose by 5.1%, according to calendar adjusted data at constant prices. Of which in manufacturing – by 8%, while in mining and quarrying as well as in electricity and gas supply there was a decrease of 0.6% and 4.9%, respectively.

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

 

January-June 2012

compared to January-June 2011

(calendar adjusted)

2nd qtr 2012

compared to

June 2012

compared to

1st qtr 2012

(seasonally adjusted)

2nd qtr 2011 (calendar adjusted)

May 2012

(seasonally adjusted)

June 2011 (calendar adjusted)

All production

6.6

1.8

5.1

1.0

5.4

Mining and quarrying

7.1

2.7

-0.6

-4.7

-16.3

Manufacturing

11.0

0.9

8.0

1.5

8.1

Manufacture of food products

0.0

1.2

0.7

0.4

2.8

Manufacture of textiles

5.6

4.1

6.3

4.1

12.2

Manufacture of wearing apparel

-7.0

6.5

-1.4

3.8

8.6

Manufacture of wood and cork articles, except furniture

8.8

0.1

9.1

-1.0

9.3

Manufacture of chemicals and chemical products

33.2

16.8

28.6

6.9

32.6

Manufacture of basic pharmaceutical products and pharmaceutical preparations

-11.9

-10.3

-21.1

0.8

-30.4

Manufacture of other non-metallic mineral products

5.6

-5.4

0.2

-2.2

-1.3

Manufacture of basic metals

32.4

7.6

33.3

-0.6

34.7

Manufacture of fabricated metal products, except machinery and equipment

23.0

-1.9

13.2

8.6

15.9

Manufacture of computer, electronic and optical products

14.6

9.6

15.0

43.1

53.3

Manufacture of electrical equipment

25.8

14.5

21.3

6.3

41.2

Manufacture of motor vehicles, trailers and semi-trailers

24.9

12.7

24.3

5.7

32.2

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

-5.1

18.8

-26.8

-39.8

-19.1

Manufacture of furniture

2.8

1.1

1.4

1.6

7.0

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)

65.8

-16.4

38.0

4.0

15.3

Electricity and gas supply

-5.6

-0.6

-4.9

-1.9

-2.0

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
Ramona Skakunova
Tel. 67366953

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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.