Data of the Central Statistical Bureau show that, in comparison with September 2012, industrial production volume in October 2012 reduced by 0.3%, according to seasonally adjusted data at constant prices. Of which in mining and quarrying by 6.2%, in electricity and gas supply - by 1.1%, whereas in manufacturing there was an increase of 0.3%.
Industrial production volume index
Rise in manufacturing was mainly due to the growth in manufacture of food products – of 0.8%, in manufacture of fabricated metal products – of 3%, in manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock) - of 49%, and in manufacture of basic pharmaceutical products and pharmaceutical preparations – of 22%. Whereas most notable reduction was recorded in manufacture of machinery and equipment – of 9.5%, 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) – 7.2%, and in manufacture of non-metallic mineral products – of 6.8%.
Compared to October of previous year, industrial production output in October 2012 increased by 3.1%, according to calendar adjusted data at constant prices. Of which in manufacturing by 5.3%, while in mining and quarrying as well as in electricity and gas supply there was a decrease of 9.8% and 2.8%, respectively. Growth in manufacturing was mainly due to the increase in manufacture of basic metals, manufacture of food products and manufacture of basic pharmaceutical products and pharmaceutical preparations. Highest rise in manufacturing was observed in manufacture of other transport equipment – 2.1 times, in manufacture of computer, electronic and optical products - of 34.7%, and in manufacture of basic metals - of 29.5%. Whereas most significant reduction was recorded in repair and installation of machinery and equipment – of 10.3%, in manufacture of machinery and equipment – of 7.1%, and in manufacture of fabricated metal products, except machinery and equipment – of 3.2%.
Changes in volume of industrial production, %
(at constant prices)
Mining and quarrying
Manufacture of food products
Manufacture of textiles
Manufacture of wearing apparel
Manufacture of wood and cork articles, except furniture
Manufacture of chemicals and chemical products
Manufacture of basic pharmaceutical products and pharmaceutical preparations
Manufacture of other non-metallic mineral products
Manufacture of basic metals
Manufacture of fabricated metal products, except machinery and equipment
Manufacture of computer, electronic and optical products
Manufacture of electrical equipment
Manufacture of machinery and equipment
Manufacture of motor vehicles, trailers and semi-trailers
Manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock)
Manufacture of furniture
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)
Electricity and gas supply
In October 2012 industrial production output1 (at current prices) comprised LVL 482 million.
More information on seasonally adjusted, calendar adjusted and non-adjusted industrial production volume indices is available in the CSB data base.
Prepared by the Industrial Statistics Section
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.
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