Industry - October 2013
Production and orders were increasing
Publication Date: 09. 12. 2013
Product Code: r-8001-13
In October 2013, industrial production increased at constant prices by 3.5%, year-on-year. Working days adjusted industrial production increased by 6.0%. Compared to the previous month, seasonally adjusted industrial production was higher by 1.7%. The value of new orders increased by 9.6%, y-o-y.
In October 2013, industrial production increased at constant prices by 3.5%, y-o-y. Working days adjusted (WDA) industrial production increased by 6.0%. October 2013 had 1 working day less compared to October 2012. Seasonally adjusted industrial production (including WDA) was higher by 1.7%, 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 +1.5 p.p., growth by 9.7%), manufacture of fabricated metal products (contribution +0.8 p.p., growth by 8.6%), and electricity, gas, steam and air conditioning supply (contribution +0.7 p.p., growth by 5.8%). Industrial production decreased the most in manufacture of food products (contribution -0.2 p.p., drop by 4.4%), manufacture of computer, electronic and optical products (contribution -0.1 p.p., drop by 7.1%), and mining and quarrying (contribution -0.1 p.p., drop by 2.6%).
Sales from industrial activity at current prices increased by 2.7%, y-o-y, in October 2013. Direct export sales of industrial enterprises increased at current prices by 6.7%. Domestic sales, which include also indirect export via non-industrial enterprises decreased at current prices by 1.2%.
The value of new orders in selected industrial CZ-NACE activities increased by 9.6%, y-o-y, in October 2013. Non-domestic new orders increased by 13.5%, while domestic new orders increased by 2.9%. 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 +6.6 p.p., growth by 20.0%), manufacture of machinery and equipment (contribution +1.5 p.p., growth by 12.9%), manufacture of fabricated metal products (contribution +1.5 p.p., growth by 11.8%). The value of new orders decreased in manufacture of computer, electronic and optical products (contribution -0.7 p.p., drop by 8.5%), manufacture of basic pharmaceutical products and pharmaceutical preparations (contribution -0.1 p.p., drop by 6.8%) and manufacture of wearing apparel (contribution -0.1 p.p., drop by 7.4%).
The average registered number of employees * ) in industrial enterprises with 50+ employees decreased in October 2013 by 0.4%, y-o-y. Their average monthly nominal gross wage increased in October 2013 by 2.6%, y-o-y, and reached CZK 27 346.
According to the Eurostat news release published in September 2013, working day adjusted industrial production in the EU28 increased by 1.2%, y-o-y. According to a preliminary time schedule, data for October 2013 will be released by Eurostat on 12 December 2013 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 89 4, 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 December 2013
Related outputs: time series /produkty/pru_ts
Next News Release will be published on: 9 January 2014