Industry - April 2007

In April 2007, seasonally adjusted industrial production decreased by 0.5%, compared to March 2007. Industrial production grew by 14.0% year-on-year. Sales from industrial activity at constant prices rose by 14.4% year-on-year. Industrial new orders increased by 6.3% year-on-year.
Seasonally adjusted industrial production in April 2007 was down by 0.5% month-on-month. The trend grew by 0.8% (Table 5).

The year-on-year index of industrial production reached 114.0% in April (or 111.5% working days adjusted, WDA). April 2007 had one working day more than April 2006. Seasonally adjusted index was 112.1% (including working days adjustment). The double-digit growth of industrial production continued for the fourth successive month. The growth of industrial production (Table 6) was most affected by ‘manufacture of transport equipment’ (+16.4%, contribution to the growth of industry in total 3.3 p.p.), ‘manufacture of electrical and optical equipment’ (+22.6%, contribution 2.7 percentage points) and ‘manufacture of machinery and equipment’ (+25.4%, contribution 1.6 p.p.). A decrease was recorded for ‘mining and quarrying of energy producing materials’ (-3.7%, contribution -0.1 p.p.).

In April, industrial production rose in all the main industrial groupings: in ‘capital goods’ (+18.5%), ‘intermediate goods’ (+15.1%), ‘consumer durables’ (+13.3%), ‘consumer non-durables’ (+10.1%) and ‘energy’ (+3.2%).

Sales from industrial activity at constant prices (of the year 2000) rose by 14.4% (+17.0% at current prices), 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%.

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.).
According to Eurostat News Release, the working days adjusted index of industrial production in the EU27 rose by 3.9% in March 2007 compared to March 2006. Among the EU27 member states for which data were available, the highest increases were registered in Poland (+13.6%), Slovakia (+12.6%) and Slovenia (+11.5%). In Germany a 6.9% growth was recorded. The biggest decrease was recorded in Latvia (-8.5%).

---

Note
Contact: Radek Matějka, tel: (+420) 274052894, e-mail: radek.matejka@csu.gov.cz
Data source: CZSO direct survey in enterprises with 20+ employees
End of data collection: 4 June 2007
End of data processing: 7 June 2007
Related publication: 8001-07 Industry of the Czech Republic ( /produkty/prumysl-ceske-republiky-prosinec-bifzzwj49k )


*) Starting from January 2007, in accordance with Eurostat methodology, monthly data on numbers of employed persons are published by the Czech Statistical Office as part of the short-term industrial statistics. Unlike the average registered number of employees published before, the new indicator includes also persons working under agreement for work performed outside the employment relationship and other employed persons who participate in work for the company without having an employment relationship with the company. The new figure represents full-time equivalent (FTE). This change has an impact on average wage and labour productivity calculations. Year-on-year comparability of the data published is ensured.