Industry - September 2015

In September 2015, industrial production increased at constant prices by 0.6%, year-on-year. Working days adjusted industrial production increased by 3.1%. Compared to the previous month, seasonally adjusted industrial production was higher by 2.6%. The value of new orders increased by 0.7%, y-o-y.

In September 2015, industrial production increased at constant prices by 0.6%, y-o-y; working days adjusted industrial production increased by 3.1%. September 2015 had 1 working day less compared to September 2014. Seasonally and working days adjusted industrial production was higher by 2.6%, 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 +1.7 p.p., growth by 9.8%), manufacture of rubber and plastic products (contribution +0.6 p.p., growth by 8.2%), and manufacture of fabricated metal products (contribution +0.5 p.p., growth by 5.8%). Development of industrial production was negatively influenced by temporary shutdowns of operation in electricity, gas, steam and air conditioning supply (contribution -2.1 p.p., drop by 18.7%) and manufacture of chemicals and chemical products (contribution -0.6 p.p., drop by 18.7%). The y-o-y drop was also contributed to by manufacture of other transport equipment (contribution -0.2 p.p., drop by 12.9%).

Sales from industrial activity at current prices decreased by 1.0%, y-o-y, in September 2015. Direct export sales of industrial enterprises increased at current prices by 2.3%. Domestic sales, which include also indirect export via non-industrial enterprises decreased by 5.1% at current prices. 

The value of new orders in selected industrial CZ-NACE activities increased by 0.7%, y-o-y, in September 2015. Non-domestic new orders increased by 5.5%, while domestic new orders decreased by 7.5%. 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 +1.1 p.p., growth by 2.7%), manufacture of fabricated metal products (contribution +0.5 p.p., growth by 4.4%), and manufacture of machinery and equipment (contribution +0.3 p.p., growth by 2.7%). New orders decreased in manufacture of chemicals and chemical products (contribution -1.5 p.p., drop by 23.2%), manufacture of basic metals (contribution -0.7 p.p., drop by 10.6%), and manufacture of other transport equipment (contribution -0.02 p.p., drop by 1.6%).  

The average registered number of employees^*) in industrial enterprises with 50+ employees increased in September 2015 by 3.2%, y-o-y. Their average monthly nominal gross wage increased in September 2015 by 3.9%, y-o-y, and reached CZK 27 435.

According to the Eurostat news release working day adjusted industrial production in the EU28 in August 2015 increased by 1.9%, y-o-y. According to a preliminary time schedule, data for September 2015 will be released by Eurostat on 12 November 2015 at 11:00 a.m.

Industry in the third quarter of 2015
Industrial production in the Q3 2015 increased by 3.6%, y-o-y; working days adjusted industrial production increased by 5.4%. There were 2 working days less in Q3 2015 than in Q3 2014. Compared to the Q2 2015, seasonally adjusted industrial production was by 0.2% lower.

Sales from industrial activity at current prices increased by 0.9%, y-o-y, in the Q3 2015. Direct export sales of industrial enterprises increased at current prices by 5.0%. Domestic sales, which include also indirect export via non-industrial enterprises decreased by 4.1% at current prices.

New orders in selected industrial CZ-NACE activities increased by 3.3%, y-o-y, in the Q3 2015. Non-domestic new orders increased by 8.0%, while domestic new orders decreased by 5.1%.

The average registered number of employees^*) in industrial enterprises with 50+ employees increased in the Q3 2015 by 3.2%, y-o-y. Their average monthly nominal gross wage increased in the Q3 2015 by 3.1%, y-o-y, and reached CZK 27 565.