Industrial production output in March 2012

07.05.2012

In March 2012 industrial production output1 (at current prices) comprised LVL 462.7 million, according to the data of the Central Statistical Bureau.

Industrial production volume index (2005=100)

Compared to February 2012, industrial production volume in March 2012 grew by 2%, according to seasonally adjusted data at constant prices. Of which in manufacturing – by 4.3%, in mining and quarrying – by 13.5%, whereas in electricity and gas supply there was a decrease of 6.2%. The most significant production increase was recorded in manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock) – of 80.1% and in manufacture of basic metals of 28.1%.

Compared to March last year, industrial production output in March 2012 at constant prices increased by 8.5%, according to calendar adjusted data. Of which in mining and quarrying by 28%, in manufacturing by 15.4%, whereas in electricity and gas supply there was a decrease of 10.2%. The most notable rise was recorded in manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock) – 2.8 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) - 2.4 times and in manufacture of basic metals – of 68.7%.

As compared to the 4th quarter of 2011, industrial production output in the 1st quarter of 2012 increased by 1.7%, according to seasonally adjusted data at constant prices. Of which in manufacturing – by 3.5%, in electricity and gas supply - by 1%, whereas in mining and quarrying there was a decline of 13.4%.

Compared to the corresponding quarter of the previous year, in the 1st quarter of 2012 industrial production output increased by 8.3%, according to calendar adjusted data at constant prices. Of which in manufacturing – by 14.8%, in mining and quarrying – by 21%, while electricity and gas supply decreased by 5.8%.

Changes in volume of industrial production
(at constant prices)

 

I-III 2012 as % of

III 2012 as % of

X – XII 2011 (seasonally adjusted)

 I-III 2011

(calendar adjusted)

II 2012

(seasonally adjusted)

III 2011

(calendar adjusted)

All production

1.7

8.3

2.0

8.5

Mining and quarrying

-13.4

21.0

13.5

28.0

Manufacturing

3.5

14.8

4.3

15.4

Manufacture of food products

-0.9

-0.9

1.2

0.2

Manufacture of textiles

-1.9

4.9

1.8

8.4

Manufacture of wearing apparel

4.6

-9.6

-5.1

-15.9

Manufacture of wood and cork articles, except furniture

2.0

8.4

5.6

5.7

Manufacture of chemicals and chemical products

-9.3

40.4

-2.8

1.0

Manufacture of basic pharmaceutical products and pharmaceutical preparations

2.5

5.9

1.7

7.0

Manufacture of other non-metallic mineral products

-3.0

14.6

-0.5

3.4

Manufacture of basic metals

27.5

31.5

28.1

68.7

Manufacture of fabricated metal products, except machinery and equipment

10.8

35.8

-3.2

27.2

Manufacture of computer, electronic and optical products

9.1

14.0

1.7

11.0

Manufacture of electrical equipment

-12.4

32.6

-1.4

31.0

Manufacture of motor vehicles, trailers and semi-trailers

16.3

25.0

8.0

34.7

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

27.5

55.6

80.1

180.4

Manufacture of furniture

2.5

6.1

-6.6

-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)

47.1

114.5

-0.1

141.0

Electricity and gas supply

1.0

-5.8

-6.2

-10.2

 

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

Prepared by Industrial Statistics Section

Tel. 67366953
Ramona Skakunova
 


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