Industrial production output in September 2012

05.11.2012

Data of the Central Statistical Bureau show that, compared to August 2012, industrial production volume in September 2012 diminished by 2.8%, according to seasonally adjusted data at constant prices. Of which in manufacturing by 3.1%, in electricity and gas supply - by 0.6%, while in mining and quarrying there was an increase of 0.8%. Reduction in industrial production was significantly influenced by the drop of demand in construction-related sectors, e.g., in manufacture of other non-metallic mineral products (bricks, asphaltic concrete, cement etc.) – of 5.1%, in manufacture of rubber and plastic products (reduction in manufacture of architectural elements) - of 11.7%, in manufacture of fabricated metal products (metal structures) – of 3.9%, in manufacture of chemicals and chemical products – of 47.4% (most notable diminish was recorded in manufacture of bio-oil because of the lack of raw materials), as well as 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) -  of 18.3%.

Industrial production volume index
(2005=100)

Compared to September of previous year, industrial production output in September 2012 increased by 3.1%, according to calendar adjusted data at constant prices. Of which in manufacturing – by 4.5%, while in mining and quarrying as well as in electricity and gas supply there was a decrease of 1.4% and 1.1%, respectively. Rise in the manufacturing output was mainly influenced by the sub-sectors of manufacture of food products, manufacture of basic metals, manufacture of non-metallic mineral products, as well as repair and installation of machinery and equipment.

As compared to the 2nd quarter of 2012 industrial production output in the 3rd quarter of 2012 increased by 2.3%, according to seasonally adjusted data at constant prices. Of which in manufacturing - by 1.6%, in mining and quarrying – by 8.9%, and in electricity and gas supply - by 1.2%.

In comparison with the corresponding quarter of the previous year, industrial production output in the 3rd quarter of 2012 rose by 5.9%, according to calendar adjusted data at constant prices. Of which in manufacturing – by 8.1%, while in mining and quarrying as well as in electricity and gas supply there was a decrease of 1.1% and 1.3%, respectively.

Compared to the corresponding period of the previous year, industrial production output in nine months of 2012 increased by 6.4%, according to calendar adjusted data at constant prices. Of which in manufacturing – by 10%, in mining and quarrying – by 3.5%, while in electricity and gas supply there was a decrease of 4.6%.

Changes in volume of industrial production, %
(at constant prices)

 

January-September 2012

compared to

January-September 2011

 (calendar adjusted)

3rd qtr 2012

compared to

September 2012

compared to

2nd qtr  2012

(seasonally adjusted)

3rd  qtr  2011 (calendar adjusted)

August 2012

(seasonally adjusted)

September 2011 (calendar adjusted)

All production

6.4

2.3

5.9

-2.8

3.1

Mining and quarrying

3.5

8.9

-1.1

0.8

-1.4

Manufacturing

10.0

1.6

8.1

-3.1

4.5

Manufacture of food products

1.1

1.6

3.2

0.2

3.3

Manufacture of textiles

6.2

3.3

7.2

-1.8

4.9

Manufacture of wearing apparel

-4.0

2.8

2.0

-0.9

11.2

Manufacture of wood and cork articles, except furniture

6.6

-2.3

2.4

0.8

0.6

Manufacture of chemicals and chemical products

25.2

-18.6

10.4

-47.4

-35.1

Manufacture of basic pharmaceutical products and pharmaceutical preparations

-8.5

10.2

-0.4

14.4

-7.3

Manufacture of other non-metallic mineral products

10.0

10.6

16.5

-5.1

14.5

Manufacture of basic metals

33.8

4.3

36.6

6.2

47.0

Manufacture of fabricated metal products, except machinery and equipment

11.5

-10.2

-7.0

-3.9

-11.3

Manufacture of computer, electronic and optical products

18.6

5.5

25.8

-10.3

21.4

Manufacture of electrical equipment

27.5

11.7

30.6

8.5

27.9

Manufacture of motor vehicles, trailers and semi-trailers

19.6

-6.6

8.2

-0.9

-10.1

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

4.2

-3.6

25.6

-30.0

44.7

Manufacture of furniture

4.0

3.8

6.1

-3.9

2.0

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)

51.1

2.9

29.4

-18.3

17.1

Electricity and gas supply

-4.6

1.2

-1.3

-0.6

-1.1

In September 2012, industrial production output1 (at current prices) comprised LVL 434.3 million

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

                   

Prepared by the Industrial Statistics Section
Ramona Skakunova
Tel. 67366953

_________

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.