Industry - October 2012

In October 2012, industrial production increased at constant prices by 4.1%, year-on-year; working days adjusted industrial production decreased by 3.3%. Compared to the previous month seasonally adjusted industrial production was lower by 0.7%. The value of new orders increased by 5.3%, y-o-y.

In October 2012, industrial production increased at constant prices by 4.1%, y-o-y; working days adjusted industrial production decreased by 3.3%. October 2012 had 3 working days more than October 2011. Seasonally adjusted industrial production (as well as working days adjusted) was lower by 0.7%, m-o-m. The following contributed the most to the y-o-y increase of industrial production: manufacture of machinery and equipment (contribution +1.5 p.p., growth by 18.3%), manufacture of electrical equipment (contribution +0.6 p.p., growth by 9.6%), and manufacture of chemicals and chemical products (contribution +0.6 p.p., growth by 23.7%). Industrial production decreased the most in electricity, gas, steam and air conditioning supply (contribution -0.6 p.p., drop by 6.3%), manufacture of computer, electronic and optical products (contribution -0.3 p.p., drop by 7.7%), and manufacture of basic metals (contribution -0.3 p.p., drop by 6.2%).

Sales from industrial activity at current prices increased by 5.5%, y-o-y, in October 2012. Direct export sales of industrial enterprises increased at current prices by 4.4%. Domestic sales, which include also indirect export via non-industrial enterprises increased at current prices by 6.5%.

The value of new orders in selected industrial CZ-NACE activities increased by 5.3%, y-o-y, in October 2012. Non-domestic new orders increased by 6.4%, while domestic new orders increased by 3.3%. The y-o-y increase 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 +2.8 p.p., growth by 8.9%), manufacture of electrical equipment (contribution +1.3 p.p., growth by 13.9%), and manufacture of fabricated metal products (contribution +1.2 p.p., growth by 9.2%). The value of new orders decreased in manufacture of basic metals (contribution -1.3 p.p., drop by 14.9%), manufacture of computer, electronic and optical products (contribution -1.1 p.p., drop by 9.4%), and manufacture of other transport equipment (contribution -0.1 p.p., drop by 3.9%).

The average registered number of employees ^{* )} in industrial enterprises with 50+ employees decreased in October 2012 by 0.5%. Their average monthly nominal wage increased in October 2012 by 4.5%, y-o-y, and reached CZK 26 647.

According to the Eurostat news release published in September 2012, working day adjusted industrial production in the EU27 decreased by 2.7%, y-o-y. Data for October 2012 will be released by Eurostat on 12 December 2012 at 11:00 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:
In accordance with the CZSO revision policy, together with the processing of data for October 2012 the data for July to September 2012 have been revised.
Responsible head at the CZSO: Radek Matějka, phone number: (+420) 274 052 8 94, 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: 4 December 2012
Related outputs: time series /produkty/pru_ts
Next News Release will be published on: 7 January 2013