Industry - April 2014

In April 2014, industrial production increased at constant prices by 7.7%, year-on-year. Compared to the previous month, seasonally adjusted industrial production was higher by 1.1%. The value of new orders increased by 14.7%, y-o-y.

In April 2014, industrial production increased at constant prices by 7.7%, y-o-y. Seasonally adjusted industrial production was higher by 1.1%, m-o-m. The following contributed the most to the y-o-y increase of industrial production: manufacture of motor vehicles, trailers and semi-trailers (contribution +2.7 p.p., growth by 16.5%), manufacture of electrical equipment (contribution +0.8 p.p., growth by 11.6%), and manufacture of fabricated metal products (contribution +0.5 p.p., growth by 6.2%). Industrial production decreased in printing and reproduction of recorded media (contribution -0.1 p.p., drop by 4.9%).

Sales from industrial activity at current prices increased by 10.3%, y-o-y, in April 2014. Direct export sales of industrial enterprises increased at current prices by 14.8%. Domestic sales, which include also indirect export via non-industrial enterprises increased at current prices by 5.5%.

The value of new orders in selected industrial CZ-NACE activities increased by 14.7%, y-o-y, in April 2014. Non-domestic new orders increased by 16.4%, while domestic new orders increased by 11.4%. The y-o-y growth of new orders in total was the most contributed to by the following CZ-NACE divisions: manufacture of motor vehicles, trailers and semi-trailers (contribution +7.9 p.p., growth by 22.7%), manufacture of electrical equipment (contribution +1.6 p.p., growth by 16.6%), and manufacture of computer, electronic and optical products (contribution +1.2 p.p., growth by 14.4%).

The average registered number of employees ^*) in industrial enterprises with 50+ employees increased in April 2014 by 1.9%, y-o-y. Their average monthly nominal gross wage increased in April 2014 by 2.0%, y-o-y, and reached CZK 27 431.

According to the Eurostat news release working day adjusted industrial production in the EU28 in March 2014 increased by 0.5%, y-o-y. According to a preliminary time schedule, data for April 2014 will be released by Eurostat on 12 June 2014 at 11 a.m.


Notes:
^*) The registered number of employees indicator does not include persons working under various contracts for work, working owners of enterprises , and cooperating household members, who do not have contracts of employment. Data on the registered number of employees in industry also exclude agency workers, who have contracts of employment within activities of services (CZ-NACE 78.2) .
According to the CZSO revision policy, data for January to March 2014 and for the year 2013 were revised together with data processing for April 2014.
Responsible head at the CZSO: Radek Matějka, phone number: (+420) 274 052 894, e-mail: radek.matejka@csu.gov.cz
Contact person: Jan Ernest, phone number (+420) 274 054 188, e-mail: jan.ernest@csu.gov.cz
Method of data acquisition: direct survey of the CZSO (Prům 1-12)
End of data collection: 30 May 2014
Related outputs: time series /produkty/pru_ts
Next News Release will be published on: 7 July 2014