Industrial production output in November 2008

07.01.2009
In January – November 2008 industrial production output1 (at current prices) comprised LVL 4405 mln, of which in November – LVL 379.1 mln, according to the data of Central Statistical Bureau.

Volume index of manufacturing (2000=100)

Compared to October industrial production output in November 2008, except steam and water supply (at constant prices), has reduced by 3.1%, according to seasonally adjusted data2. Of which in mining and quarrying – by 14%, in manufacturing - by 2.5%, but in electricity and gas supply - by 3.8%. Most notable decrease of industrial production volume was recorded in manufacturing of basic metals – 14.6%, in manufacturing of machinery, mechanisms, and equipment – 12.1%, and in manufacture of non-metallic mineral products – 11.2%.

Compared to November of previous year industrial production output in November 2008, except steam and water supply, has reduced by 13.9%, according to working day adjusted data. Of which in mining and quarrying – by 16.8%, in manufacturing - by 15.2%, but in electricity, gas and water supply - by 10.8%. The highest volume reduction was observed in manufacturing of machinery, mechanisms, and equipment – 38.8%, in manufacturing of furniture – 34.3%, in manufacturing of basic metals – 30.9%.

Changes in volume indices of selected manufacturing branches November 2008 as % of November 2007 (working day adjusted)

Changes in volume indices of industrial production in November 2008 (at constant prices)

XI 2008 as % of

X 2008(seasonally adjusted)2

XI 2007(working day adjusted)

Industry, except water and steam supply

-3.1

-13.9

Mining and quarrying

-14.0

-16.8

Manufacturing

-2.4

-15.2

Manufacturing of food products and beverages

-1.5

-6.9

processing and preservation of meat and meat products

-0.9

-5.9

processing and preserving of fish and fish products

-0.1

-5.8

manufacture of dairy products

0.2

-7.5

manufacture of grain mill products, starches and starch products

0.7

-8.7

manufacture of other food products (bread, confectionery, sugar)

-0.9

1.1

manufacture of beverages

-5.1

-11.9

Manufacturing of textiles

-3.1

-26.5

Manufacturing of wearing apparel; processing and colouring of furs

6.4

-15.9

Manufacturing of wood and cork articles, except furniture

-3.9

-19.7

sawmilling and planning of wood, impregnation of wood

-4.9

-15.2

Manufacture of pulp, paper and paper products

-3.1

-13.7

Publishing, printing and reproduction of recorded media

-0.5

-12.2

Manufacturing of chemicals, chemical products and man-made fibres

0.1

0.4

Manufacturing of rubber and plastic products

-3.5

-31.3

Manufacture of other non-metallic mineral products

-11.2

-19.6

Manufacturing of basic metals

-14.6

-30.9

Manufacturing of fabricated metal products, except machinery and equipment

-3.0

-18.0

Manufacturing of machinery, mechanisms, and equipment

-12.1

-38.8

Manufacturing of electrical machinery and equipment

-4.5

-18.1

Manufacturing of other transport equipment (repairing and construction of ships and boats)

73.9

54.4

Manufacturing of furniture; manufacturing not classified otherwise

-7.2

-35.8

manufacture of furniture

-4.8

-34.3

Electricity and gas supply

-3.8

-10.8

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

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 includes income from produced goods and sale of works (services) of industrial character excluding value added tax, final product stock and unfinished product stock changes at the end of the reference period in comparison with the beginning of the reference period, and value of equipment produced with the help of the enterprise labour force for own needs, as well as, capital repairs of the equipment.

2 The influence of varying number of working days in the month and factors of seasonality, has been eliminated (seasonal fluctuations of goods produced in selected economic activities).

Prepared by the Industrial Statistics Section
Tel. +371 67366953
Ramona Skakunova