Industry - November 2013
Industrial production markedly increased
Publication Date: 09. 01. 2014
Product Code: r-8001-13
In November 2013, industrial production increased at constant prices by 6.2%, year-on-year. Working days adjusted industrial production increased by 8.8%. Compared to the previous month, seasonally adjusted industrial production was higher by 1.3%. The value of new orders increased by 12.2%, y-o-y.
In November 2013, industrial production increased at constant prices by 6.2%, y-o-y. Working days adjusted (WDA) industrial production increased by 8.8%. November 2013 had 1 working day less compared to November 2012. Seasonally adjusted industrial production (including WDA) was higher by 1.3%, 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 +2.3 p.p., growth by 13.7%), electricity, gas, steam and air conditioning supply (contribution +1.0 p.p., growth by 7.6%), and manufacture of fabricated metal products (contribution +0.8 p.p., growth by 8.9%). Industrial production decreased in mining and quarrying (contribution -0.4 p.p., drop by 8.2%), manufacture of food products (contribution -0.1 p.p., drop by 2.2%), and manufacture of wearing apparel (contribution -0.02 p.p., drop by 3.4%).
Sales from industrial activity at current prices increased by 5.6%, y-o-y, in November 2013. Direct export sales of industrial enterprises increased at current prices by 10.8%. Domestic sales, which include also indirect export via non-industrial enterprises increased at current prices by 0.3%.
The value of new orders in selected industrial CZ-NACE activities increased by 12.2%, y-o-y, in November 2013. Non-domestic new orders increased by 14.3%, while domestic new orders increased by 8.3%. 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 +6.5 p.p., growth by 19.1%), manufacture of fabricated metal products (contribution +1.9 p.p., growth by 14.8%), and manufacture of electrical equipment (contribution +1.3 p.p., growth by 12.9%). The value of new orders decreased only in manufacture of computer, electronic and optical products (contribution -0.01 p.p., drop by 0.1%).
The average registered number of employees * ) in industrial enterprises with 50+ employees decreased in November 2013 by 0.3%, y-o-y. Their average monthly nominal gross wage decreased in November 2013 by 2.0%, y-o-y, and reached CZK 30 060.
According to the Eurostat news release published in October 2013, working day adjusted industrial production in the EU28 increased by 0.8%, y-o-y. According to a preliminary time schedule, data for November 2013 will be released by Eurostat on 14 January 2014 at 11 a.m.
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*) 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, however, not within the industry.
Notes:
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: 2 January 2014
Related outputs: time series /produkty/pru_ts
Next News Release will be published on: 6 February 2014