Industry - October 2019

Industrial production stagnated in October

09.12.2019
Code: 150153-19
 

In October, working day adjusted industrial production decreased at constant prices by 0.4%, year-on-year (y-o-y). Seasonally adjusted industrial production decreased by 0.1%, month-on-month (m-o-m). The value of new orders decreased by 4.8%, y-o-y.
 
Industrial production1 decreased in October 2019 at constant prices by 0.1%, m-o-m. In the year-on-year comparison, it decreased by 0.4%. The following economic activities contributed the most to the y-o-y change in industrial production: manufacture of fabricated metal products (contribution −0.5 percentage point (p. p.), drop by 4.8%), manufacture of basic metals (contribution −0.3 p. p., drop by 10.7%), and manufacture of machinery and equipment (contribution −0.3 p. p., drop by 3.3%). Industrial production increased in the following economic activities: manufacture of electrical equipment (contribution +0.5 p. p., growth by 7.5%), electricity, gas, steam and air conditioning supply (contribution +0.4 p. p., growth by 3.8%), and manufacture of basic pharmaceutical products and pharmaceutical preparations (contribution +0.3 p. p., growth by 25.3%). Non-adjusted industrial production was by 3.0% lower, y-o-y (there was one working day less in October 2019 compared to October 2018).
 
Sales from industrial activity at current prices2 decreased by 2.1%, y-o-y, in October 2019. Direct export sales of industrial enterprises decreased at current prices by 3.6%. Domestic sales, which include also indirect export via non-industrial enterprises decreased at current prices by 0.1%.  
 
The value of new orders2 in surveyed industrial CZ-NACE activities decreased by 4.8%, y-o-y, in October 2019. Non-domestic new orders decreased by 7.0%, while domestic new orders increased by 0.4%. The y-o-y decrease of new orders in total was the most contributed to by the following CZ-NACE divisions: manufacture of other transport equipment (contribution −1.4 p. p., drop by 43.1%), manufacture of motor vehicles, trailers and semi-trailers (contribution −1.0 p. p., drop by 2.6%), manufacture of fabricated metal products (contribution −0.8 p. p., drop by 6.9%). New orders increased in manufacture of basic pharmaceutical products and pharmaceutical preparations (contribution +0.4 p. p., growth by 39.5%), manufacture of electrical equipment (contribution +0.3 p. p., growth by 3.3%), and manufacture of wearing apparel (contribution +0.03 p. p., growth by 4.5%). 
 
The average registered number of employees3 in industry decreased in October 2019 by 1.3%, y-o-y. Their average gross monthly nominal wage increased in October 2019 by 5.3%, y-o-y. 
 
According to the Eurostat news release, working day adjusted industrial production in the EU28 in September 2019 decreased by 1.2%, y-o-y. According to a preliminary release calendar, Eurostat will release data for October 2019 on 12 December 2019.
 
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Notes:
1The year-on-year development of industrial production is adjusted for working days unless otherwise stated. Month-on-month or quarter-on-quarter rates are also seasonally adjusted. Contributions to an increase or to a decrease are calculated from data that are adjusted for working days. 
2The year-on-year development of sales at current prices and the value of new orders are not adjusted. 
3Indicators related to employment in industry apply to the entire population of enterprises the principal (prevailing) activity of which is industry. 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 economic activities of services (CZ-NACE 78.2).
In accordance with the CZSO revision policy, data for July to September 2019 were revised concurrently with processing of data for October 2019.
 
Responsible head at the CZSO: Radek Matějka, Director of the Industrial, Construction, and Energy Statistics Department, phone number: (+420) 274 052 894, e-mail: radek.matejka@czso.cz
Contact person: Iveta Danišová, Head of Industrial Statistics Unit, 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: 2 December 2019
Related outputs: time series https://www.czso.cz/csu/czso/pru_ts 
Next News Release will be published on: 10 January 2020

  •      apru120919.docx
  • Annexes:
  • Table 1 Industrial production (year-on-year indices – IPI, calendar days 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: 09.12.2019
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