Manufacturing turnover in May grew by 4.7%

09.07.2013

Latest seasonally adjusted data (at current prices) of the Central Statistical Bureau show that, compared to April 2013, manufacturing turnover1 in May 2013 has increased by 4.7%, of which by 7.6% in domestic market and by 1.1% in export.

As compared to the previous month, the most notable turnover rise was recorded in manufacture of other transport equipment (building of ships and boats, manufacture of railway locomotives and rolling stock) – of 92.7% (increase in both domestic market and export), in manufacture of chemicals and chemical products – of 25.5% (growth in both markets), and in manufacture of machinery and equipment – of 20.1% (rise in domestic market and drop in export). Increase in turnover in both domestic market and export was observed also in sectors having the largest share: manufacture of food products – of 6.3%, wood processing – of 3.9%, and metalworking – of 2.4%.

Whereas turnover reduction, in comparison with April, was recorded in manufacture of basic metals - of 54.1% (drop in both domestic market and export), in manufacture of textiles – of 6.1% (diminish in both markets), and in manufacture of computer, electronic and optical products – of 2.5% (decrease in both markets).

Compared to May 2012, turnover in manufacturing (according to calendar adjusted data) has dropped by 0.6%, of which by 6.6% in export, while in domestic market there was a growth of 4.6%. The most significant turnover reduction in both domestic market and export was recorded in manufacture of basic metals (of 76.7%).

Changes in turnover of selected manufacturing sectors
May 2013 as % over May 2012 (calendar adjusted data)

 

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

 

More information:
Industrial Statistics Section
Irēna Bekmane
Tel. 67366830



1 Industrial turnover index characterises monthly changes in demand for industrial goods and services on the market.