Industry - April 2020

In April, working day adjusted industrial production decreased in real terms (at constant prices) by 33.7%, year-on-year (y-o-y). Seasonally adjusted industrial production decreased by 23.4%, month-on-month (m-o-m). The value of new orders decreased by 42.0%, y-o-y.

Industrial production¹⁾ decreased in April 2020 in real terms (at constant prices) by 23.4%, m-o-m. In the year-on-year comparison, it decreased by 33.7%. The deepest decrease was recorded in the following economic activities: manufacture of motor vehicles, trailers and semi-trailers (contribution −15.7 p. p., drop by 80.1%), manufacture of rubber and plastic products (contribution −3.5 p. p., drop by 48.0%), and manufacture of fabricated metal products (contribution −2.7 p. p., drop by 25.3%).

Sales from industrial activity at current prices²⁾ decreased by 35.5%, y-o-y, in April 2020. Direct export sales of industrial enterprises decreased at current prices by 41.7%. Domestic sales, which include also indirect export via non-industrial enterprises decreased at current prices by 27.3%. 

The value of new orders²⁾ in surveyed industrial CZ-NACE activities decreased by 42.0%, y-o-y, in April 2020. Non-domestic new orders decreased by 44.6%, while domestic new orders decreased by 36.3%. The deepest decrease of new orders was in the following CZ-NACE divisions: manufacture of motor vehicles, trailers and semi-trailers (contribution −30.3 p. p., drop by 77.7%), manufacture of fabricated metal products (contribution −2.9 p. p., drop by 24.2%), and manufacture of machinery and equipment (contribution −2.8 p. p., drop by 24.9%).

The average registered number of employees³⁾ in industry decreased in April 2020 by 3.2%, y-o-y. Their average gross monthly nominal wage decreased in April 2020 by 5.6%, y-o-y.

According to the Eurostat news release, working day adjusted industrial production in the EU27 in March 2020 decreased by 11.8%, y-o-y. According to a preliminary release calendar, Eurostat will release data for April 2020 on 12 June 2020.

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¹⁾ The year-on-year development of industrial production is adjusted for working days unless otherwise stated. Month-on-month or quarter-on-quarter rates are also seasonally adjusted. Contributions to an increase or to a decrease are calculated from data that are adjusted for working days.
²⁾ The year-on-year development of sales at current prices and the value of new orders are not adjusted.
³⁾ Indicators related to employment in industry apply to the entire population of enterprises the principal (prevailing) activity of which is industry. The indicator of the registered number of employees 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. The piece of data on the registered number of employees in industry also excludes agency workers, who have contracts of employment within economic activities of services (CZ-NACE 78.2).