Compared to April 2011, manufacturing turnover1 at current prices (according to seasonally adjusted data) in May 2011 has decreased by 1.5%, of which in domestic market - by 0.5% and in export - by 2.5%, according to the data of the Central Statistical Bureau.
The most notable turnover reduction was recorded in manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock) – 35.4% (decrease was observed in export, but in domestic market there was an increase); in manufacture of motor vehicles, trailers and semi-trailers – 7.5% (reduction in domestic market – 5%, in export – 7.8%); in manufacture of basic metals – 6% (decrease was recorded in both domestic market and export). Manufacturing turnover reduction was influenced by its largest sub-sectors: in manufacture of food products there was a drop of 1.8%, of which reduction in the domestic market by 3.7% (market share – 71%), but in export there was a growth of 4.6%; in manufacture of beverages there was a diminish of 3.6%, of which in domestic market by 6% (market share 66%), but in export the rise comprised 4.6%.
The most significant growth in manufacturing was recorded in repair and installation of machinery and equipment – 17.1% (increase in domestic market of 20.9%, but in export there was a decrease of 7.2%), in manufacture of chemicals and chemical products – 13.3% (rise in domestic market and export of 6.1% and 16.8%, respectively), in manufacture of basic pharmaceutical products and pharmaceutical preparations the turnover grew by 10.8% (in export rise, but reduction in domestic market).
Compared to May 2010, manufacturing turnover in May 2011, according to calendar adjusted2 data, has increased by 16%, of which in domestic market – by 13.2% and in export – by 18.9%. It should be noted that out of 22 manufacturing sectors the rise was observed in 18. Under the influence of the decrease in manufacture of made-up textile articles, the most significant reduction was recorded in manufacture of textiles in the domestic market. But due to the export of metal structures the increase, in turn, was observed in manufacturing of fabricated metal products, except machinery and equipment.
|Changes of turnover in selected manufacturing sectors,|
May 2011 as % of May 2010 (calendar adjusted data)
More information on seasonally adjusted, calendar adjusted and non-adjusted industrial production turnover indices is available in data base of CSB.
Prepared by Industrial Statistics Section
1 Industrial turnover index is calculated at current prices. Index characterises the monthly market demand changes of industrial goods and services.
2 The term “working day adjustment” is substituted with the term “calendar adjustment”.
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