Industry - November 2017

Industry was successful in November

08.01.2018
Code: 150153-17
 

In November 2017, industrial production increased at constant prices by 8.5%, year-on-year (y-o-y). Seasonally adjusted industrial production increased by 3.7%, month-on-month (m-o-m). The value of new orders increased by 3.3%, y-o-y.

In November 2017, seasonally adjusted industrial production increased at constant prices by 3.7%, m-o-m; when compared to November 2016, it increased at constant prices by 8.5%. November 2017 had the same number of working days as November 2016. The following contributed the most to the y-o-y increase of industrial production: electricity, gas, steam and air conditioning supply (contribution +1.9 p.p., growth by 16.3%), manufacture of motor vehicles, trailers and semi-trailers (contribution +1.5 p.p., growth by 7.5%), and manufacture of electrical equipment (contribution +1.3 p.p., growth by 18.5%). Industrial production decreased in manufacture of other transport equipment (contribution -0.2 p.p., drop by 12.4%), mining and quarrying (contribution -0.2 p.p., drop by 6.6%), and printing and reproduction of recorded media (contribution -0.05 p.p., drop by 3.7%).

Sales from industrial activity at current prices increased by 5.7%, y-o-y, in November 2017. Direct export sales of industrial enterprises increased at current prices by 5.9%. Domestic sales, which include also indirect export via non-industrial enterprises increased at current prices by 5.6%. 

The value of new orders in selected industrial CZ-NACE activities increased by 3.3%, y-o-y, in November 2017. Non-domestic new orders increased by 1.8%, while domestic new orders increased by 6.2%. The y-o-y increase of new orders in total was the most contributed to by the following CZ-NACE divisions: manufacture of electrical equipment (contribution +2.2 p.p., growth by 25.7%), manufacture of fabricated metal products (contribution +1.3 p.p., growth by 11.2%), and manufacture of machinery and equipment (contribution +1.0 p.p., growth by 10.1%). New orders decreased in manufacture of motor vehicles, trailers and semi-trailers (contribution -2.4 p.p., decrease by 5.6%), manufacture of other transport equipment (contribution -0.1 p.p., drop by 5.9%), and manufacture of wearing apparel (contribution -0.06 p.p., drop by 9.8%).

The average registered number of employees*) in enterprises with 50+ employees in industry increased in November 2017 by 2.0%, y-o-y. Their average gross monthly nominal wage increased in November 2017 by 8.4%, y-o-y, and reached CZK 36 796.

According to the Eurostat news release, working days adjusted industrial production in the EU28 in October 2017 increased by 4.2%, y-o-y. According to a preliminary time schedule, data for November 2017 will be released by Eurostat on 11 January 2018 at 11:00 a.m.

* * *

Starting from the News Release with results for January 2018, there will be a new base period for short-term statistics. Besides the change of the base period at fixed-base indices (that will be newly compared to the average of the year 2015 instead of the average of 2010), also the weighting scheme of the year 2015 will be used. Recalculated time series of indicators will be available from the year 2000.

 

Notes:
*) 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. The piece of data on the registered number of employees in industry also excludes agency workers, who have contracts of employment within activities of services (CZ-NACE 78.2).

Responsible head at the CZSO: Radek Matějka, phone number: (+420) 274 052 894, e-mail: radek.matejka@czso.cz
Contact person: Iveta Danišová, phone number (+420) 274 054 191, e-mail: iveta.danisova@czso.cz
Method of data acquisition: direct survey of the CZSO (Prům 1-12)
End of data collection: 3 January 2018
Related outputs: time series https://www.czso.cz/csu/czso/pru_ts
Next News Release will be published on: 6 February 2018

 

  •      apru010818.docx
  • Annexes:
  • Table 1 Industrial production (year-on-year indices – IPI, not seasonally adjusted)
  • Table 2 Sales and new orders in industry (year-on-year indices)
  • Chart 1 Industrial production (base indices)
  • Chart 2 Industrial production (year-on-year indices)
  • Chart 3 Industrial production index – international comparison (base indices, seasonally adjusted)
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Published: 08.01.2018
The data are valid as of the release date of the publication.


Contact: Information Services Unit - Headquarters, tel.: +420 274 056 789, email: infoservis@czso.cz