Press Release

Manufacturing output growth in April

Data compiled by the Central Statistical Bureau (CSB) show that, compared to April 2018, in April 2019 industrial production output1 fell by 2.4 % (according to calendar adjusted data at constant prices). It was affected by a drop in electricity and gas supply by 22.6 % (due to the warm and dry weather, the amount of electricity produced from hydroelectric plants reduced), but increase was observed in manufacturing by 3.8 % and in mining and quarrying by 23 % (it was affected by rise in exports of peat and construction of roads).

As compared to the corresponding month of the previous year, production output increase was recorded in manufacture of electrical equipment (of 28.8 %), repair and installation of machinery and equipment (26.9 %), printing and reproduction of recorded media (of 11.7 %) and manufacture of computer, electronic and optical products (11 %). A rise was also recorded in two out of the three manufacturing sectors having the largest share in the industrial production: manufacture of food products and manufacture of fabricated metal products, except machinery and equipment (increase of 2.5 % and 9.9 %, respectively).

But manufacture of wood and of products of wood and cork, except furniture, experienced a drop of 0.6 %. Industrial production output decline was also registered in manufacture of furniture (of 10.9 %), manufacture of beverages (4.4 %) and manufacture of chemicals and chemical products (2.6 %).

Compared to March 2019, in April 2019 industrial production output fell by 2 % (according to seasonally adjusted data at constant prices), of which by 0.1 % in manufacturing and by 8.7 % in electricity and gas supply, but in mining and quarrying there was an increase of 3.5 %.

Changes in industrial production output
(as per cent, at constant prices)

 

 

January – April 2019

compared to

January – April

2018 (calendar adjusted)

April 2019, compared to

March 2019 (seasonally adjusted)

April 2018

(calendar adjusted)

Total production

-1.2

-2.0

-2.4

Mining and quarrying

16.2

3.5

23.0

Manufacturing

4.7

-0.1

3.8

Manufacture of food products

-0.9

3.8

2.5

Manufacture of beverages

-1.3

1.2

-4.4

Manufacture of textiles

5.2

5.3

6.2

Manufacture of wearing apparel

-8.9

-5.4

-0.7

Manufacture of wood and of products of wood and cork, except furniture

5.9

-2.4

-0.6

Manufacture of paper and paper products

-7.9

-0.4

-0.9

Printing and reproduction of recorded media

11.7

-3.0

11.7

Manufacture of chemicals and chemical products

4.1

10.9

-2.6

Manufacture of non-metallic mineral products

-5.7

-1.9

-8.4

Manufacture of fabricated metal products, except machinery and equipment

12.5

-4.6

9.9

Manufacture of computer, electronic and optical products

13.5

-7.1

11.0

Manufacture of electrical equipment

22.0

5.0

28.8

Manufacture of machinery and equipment

10.4

-7.9

0.9

Manufacture of motor vehicles, trailers and semi-trailers

3.7

0.6

1.6

Manufacture of furniture

-8.3

-0.7

-10.9

Repair and installation of machinery and equipment*

18.2

13.0

26.9

Electricity and gas supply

-18.2

-8.7

-22.6

* repair and maintenance of ships and boats, repair of fabricated metal products, machinery and equipment, installation of industrial machinery and equipment

 

Manufacturing turnover2

Compared to April 2018, in April 2019 manufacturing turnover increased by 7.7 % (according to calendar adjusted data at current prices). Turnover on the domestic market grew by 9.2 % and in export by 6.9 % (increase in euro area – of 9.7 % and in non-euro area – of 4.6 %).

Compared to March 2019, in April 2019 manufacturing turnover reduced by 2.2 % (according to seasonally adjusted data). Turnover on the domestic market grew by 1.6 %, but in export – fell by 4.2 % (of which by 5.2 % in euro area and by 3.3 % in non-euro area).

 

Methodological explanations

1The volume index of industrial production describes changes in the volume of industrial production during the reference period in comparison to the base period. The index is estimated by recalculating the production output indicator at constant prices with the help of producer price indices.

2The industrial turnover index measures the monthly development of market demand for industrial goods and services. It is calculated at current prices without excluding price influence. Unlike industrial goods that also include unfinished goods and goods in stock, turnover only includes the goods sold and industrial services provided.

 

Media requests:
Communication Section
E-mail:
media@csb.gov.lv
Phone: +371 67366989, +371 27880666

More information on data:

Mārīte Baranova
Industrial and Construction Statistics Section
E-mail:
Marite.Baranova@csb.gov.lv
Phone: +371 67366830

 

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