Industrial production output in May 2009

06.07.2009

In May 2009 industrial production output1 (at current prices) comprised LVL 285.8 mln, according to the data of Central Statistical Bureau.

Volume index of manufacturing (2005=100)


Compared to
April 2009 industrial production volume in May 2009 has reduced by 4%, according to seasonally adjusted data2. Of which in manufacturing – by 3.4%, in electricity and gas supply - by 9%, but in mining and quarrying there was an increase of 5.5%. Most notable decrease of industrial production volume was observed in manufacture of computer, electronic and optical products – 19.1%, in the manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock) – 16.7%, in manufacturing of fabricated metal products, except machinery and equipment – 13.3%.

Compared to previous month, in May of this year industrial production volume grew in manufacture of electrical equipment – by 11.9%, 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) – by 3.1%, in manufacture of motor vehicles, trailers and semi-trailers – by 2.6%, and in manufacture of basic pharmaceutical products and pharmaceutical preparations – by 0.4%. In sub sectors of food sector increase was observed in manufacture of grain mill products – 1.4%, in manufacture of diary products – 0.6%.

Compared to May of previous year in May 2009 industrial production output has reduced by 19.3%, according to working day adjusted data. Of which in manufacturing – by 21.2%, in electricity and gas supply - by 10.6%, but in mining and quarrying there was an increase of 5.9%. Most notable reduction of industrial production output was recorded in manufacture of motor vehicles, trailers and semi-trailers – 62.4%, in manufacture of machinery and equipment n.e.c. – 55.8%, and in manufacture of textiles - 55.3%.

But manufacture of basic pharmaceutical products and pharmaceutical preparations, in turn, has stayed at the level of previous year.

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

V 2009 as % of

IV 2009
(seasonally adjusted)
2

V 2008
(working day adjusted)

All production

-4.0

-19.3

Mining and quarrying

5.5

5.9

Manufacturing

-3.4

-21.2

Manufacture of food products

-2.0

-11.8

 

processing and preserving of meat and production of meat products

-3.7

-15.5

 

processing and preserving of fish, crustaceans and molluscs

-1.2

-23.4

 

manufacture of dairy products

0.6

-16.0

 

manufacture of grain mill products, starches and starch products

1.4

-10.4

 

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

-1.7

-3.3

 

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

-11.3

-9.3

Manufacture of beverages

-2.9

-20.5

Manufacture of textiles

0.0

-55.3

Manufacture of wearing apparel

-4.7

-24.8

Manufacture of wood and cork articles, except furniture

-5.7

-6.1

Manufacture of paper and paper products

-7.5

-11.7

Printing and reproduction of recorded media

-6.0

-26.5

Manufacture of chemicals and chemical products

-1.0

-23.2

Manufacture of basic pharmaceutical products and pharmaceutical preparations

0.4

0.0

Manufacture of rubber and plastic products

-7.1

-37.3

Manufacture of other non-metallic mineral products

-6.3

-19.9

Manufacture of basic metals

-2.2

-17.4

Manufacture of fabricated metal products, except machinery and equipment

-13.3

-38.6

Manufacture of computer, electronic and optical products

-19.1

-41.5

Manufacture of electrical equipment

11.9

-44.9

Manufacture of machinery and equipment n.e.c.

-11.6

-55.8

Manufacture of motor vehicles, trailers and semi-trailers

2.6

-62.4

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

-16.7

-41.9

Manufacture of furniture

-3.9

-19.2

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)

3.1

-39.0

Electricity and gas supply

-9.0

-10.6

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

 

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 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, Manufacturing and Electricity, gas, steam and air conditioning supply, except steam and air conditioning supply.

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.