Industry of the Czech Republic
Comment. B | Contents |
Sales from industrial activity at constant prices (of the year 2000) rose by 14.4% (+17.0% at current prices) in April 2007, or by 11.9% WDA, or by 12.8 SA, year-on-year. The increase of sales from industrial activity was most contributed to by ‘manufacture of transport equipment’ (+16.5%, contribution to the growth of industry in total 3.6 percentage points), ‘manufacture of electrical and optical equipment’ (+13.4%, contribution 2.0 p.p.), ‘manufacture of machinery and equipment’ (+25.4%, contribution 2.0 p.p.) and ‘manufacture of rubber and plastic products’ (+28.6%, contribution 1.9 p.p.).
Direct export sales of industrial enterprises increased by 22.0% at constant prices (+23.9% at current prices), and their proportion in total sales of industrial enterprises stood at 50.6% (at current prices).
Sales from industrial activity of foreign-controlled enterprises were up by 17.8% at constant prices (+20.9% at current prices), and their proportion in total sales stood at 60.5% (current prices). Direct export sales of industrial foreign-controlled enterprises increased by 22.7% at constant prices (+24.7% at current prices) and made up 75.8% of total sales of these enterprises (current prices).
The average number of persons employed*) in the industry went up by 2.5% in April 2007 (+28.6 thousand persons) year-on-year. Increases were registered in ‘manufacture of rubber and plastic products’ (+10.8%), ‘manufacture of electrical and optical equipment’ (+7.1%) and ‘manufacture of machinery and equipment’ (+5.7%). Employment decreased most in ‘manufacture of textiles and textile products’ (- 6.3%), ‘mining and quarrying of energy producing materials’ (-5.8%) and ‘manufacture of leather and leather products’ (-2.8%).
The average monthly nominal wage in the industry rose by 8.8% year-on-year and reached CZK 20 414. The average hourly wage increased by 6.8% and stood at CZK 145.6. Labour productivity in the industry (sales per employee) rose by 10.8% and hourly labour productivity by 9.5%.
Graph 4
Industrial new orders in selected CZ-NACE activities concluded in April 2007 reached the value of CZK 149.6 billion (current prices), of which non-domestic industrial new orders made up CZK 97.1 billion. The y-o-y index of industrial new orders in total stood at 106.3%, the index of non-domestic industrial new orders was 113.6%. Non-domestic industrial new orders grew most in ‘manufacture of machinery and equipment‘ (+18.2%, contribution to the growth of industry in total 2.5 percentage points), ‘manufacture of chemicals and chemical products‘ (+33.7%, contribution 2.1 p.p.) and ‘manufacture of motor vehicles, trailers and semi-trailers’ (+5.4%, contribution 1.9 p.p.). Non-domestic industrial new orders dropped in ‘manufacture of textiles and textile products’ (-0.8%, contribution -0.02 p.p.).
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