Industrial production showed 1.8% growth in April

03.06.2015

Latest data compiled by the Central Statistical Bureau show that compared to March industrial production volume in April 2015 (according to seasonally adjusted data at constant prices) increased by 1.8%.  Production growth of 2.7% was recorded in manufacturing, and of 11.7% in mining and quarrying, while electricity and gas supply witnessed a drop of 1.7%.

Volume index of manufacturing
(2010=100)

Data source: Central Statistical Bureau of Latvia

Compared to April 2014 industrial production volume in April 2015 (according to calendar adjusted data at constant prices) grew by 10.2%, of which in mining and quarrying – by 17.9% and in manufacturing – by 10.9%, and in electricity and gas supply - by 6%.

The largest growth as compared to the corresponding period of the previous year was registered in manufacture of basic metals. Growth was also recorded in manufacture of computer, electronic and optical products – of 55.1%, in manufacture of chemicals and chemical products – of 46.2%, in manufacture of furniture - of 19.2%, and in manufacture of wood and of products of wood - of 6.1%.

In turn production drop was observed in manufacture of wearing apparel - of 20.8%,  in manufacture of other non-metallic mineral products - of 10.1% and in manufacture of food products - of 6.8%.

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

 

January - April 2015

compared to

January – April 2014

 (calendar adjusted)

April 2015

compared to

March 2015

(seasonally adjusted)

April 2014    

(calendar adjusted)

All production

3.9

1.8

10.2

Mining and quarrying

12.7

11.7

17.9

Manufacturing

6.1

2.7

10.9

Manufacture of food products

-5.6

-2.2

-6.8

Manufacture of textiles

-18.9

-1.2

-8.9

Manufacture of wearing apparel

-18.2

-2.4

-20.8

Manufacture of wood and cork articles, except furniture

8.0

-2.3

6.1

Manufacture of chemicals and chemical products

8.4

54.6

46.2

Manufacture of non-metallic mineral products

-7.2

5.1

-10.1

Manufacture of fabricated metal products, except machinery and equipment

0.0

3.3

-3.8

Manufacture of computer, electronic and optical products

71.2

7.5

55.1

Manufacture of electrical equipment

-11.6

19.9

-2.7

Manufacture of machinery and equipment

3.0

-2.2

7.1

Manufacture of motor vehicles, trailers and semi-trailers

5.9

10.6

16.4

Manufacture of furniture

14.5

5.8

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)

-3.2

15.2

0.0

Electricity and gas supply

-5.4

-1.7

6.0

More information on seasonally adjusted, calendar adjusted and non-adjusted industrial production volume indices and weights structure used for the calculations is available in the CSB database section Industry.

 

More information:
Industrial and Construction Statistics Section
Irēna Bekmane
Tel. +371 67366830