Industrial production output in May 2011

04.07.2011

In May 2011 industrial production output1 (at current prices) comprised LVL 409.6 million, according to the data of Central Statistical Bureau.

Industrial production volume index (2005=100)

Compared to May 2011 industrial production volume in April 2011 has reduced by 1.3%, according to seasonally adjusted data at constant prices. Of which in manufacture – by 1.8%, in electricity and gas supply - by 2.1%, but in mining and quarrying there was an increase of 17.5%.

Compared to May of previous year, industrial production output in May 2011 at constant prices has increased by 10.2%, according to calendar adjusted data. Of which in mining and quarrying by 6.4%, in electricity and gas supply – by 3.3% and in manufacturing by 12.2%. It should be noted that out of 22 manufacturing sectors the increase was recorded in 16. The most notable growth of industrial production was observed in manufacture of motor vehicles, trailers and semi-trailers – 81.6%, in manufacture of electrical equipment – 59.3%, and in manufacture of wearing apparel – 52.7%.The rise in manufacturing was significantly influenced by its largest sub-sector – manufacture of wood and articles of wood (growth of 14.9%, sector weight - 14.1%), as well as manufacture of fabricated metal products – of 38.6% (sector weight – 4.6%). The volume reduction in May, in comparison with May of previous year, was observed in six manufacturing sectors, and the highest decreases were recorded in manufacture of rubber and plastic products – 11.1%, in manufacture of textiles – 7% and in manufacture of beverages – 6.7%.

Changes in volume of industrial production in May 2011
(at constant prices)

 

V 2011 as % of

IV 2011

(seasonally adjusted)

V 2010

(calendar adjusted)

 All production

-1.3

10.2

 Mining and quarrying

17.5

6.4

 Manufacturing

-1.8

12.2

Manufacture of food products

-2.2

-1.1

Manufacture of beverages

3.1

-6.7

Manufacture of textiles

-2.7

-7.0

Manufacture of wearing apparel

2.7

52.7

 Manufacture of wood and cork articles, except furniture

1.0

14.9

Manufacture of chemicals and chemical products

-4.3

-2.5

Manufacture of basic pharmaceutical products and pharmaceutical preparations

0.9

4.2

Manufacture of rubber and plastic products

-8.3

-11.1

Manufacture of other non-metallic mineral products

5.2

31.5

Manufacture of basic metals

-1.6

2.1

Manufacture of fabricated metal products, except machinery and equipment

-0.8

38.6

Manufacture of computer, electronic and optical products

-22.9

9.8

Manufacture of motor vehicles, trailers and semi-trailers

-6.1

81.6

Manufacture of furniture

-1.2

9.1

Repair and installation of machinery and equipment

12.1

11.4

Electricity and gas supply

-2.1

3.3

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

 

Prepared by 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.