Industry - August 2015

Y-o-y growth of production and orders continued

07.10.2015
Code: 150153-15
 

In August 2015, industrial production increased at constant prices by 6.3%, year-on-year. Compared to the previous month, seasonally adjusted industrial production was lower by 4.3%. The value of new orders increased by 7.9%, y-o-y.

In August 2015, industrial production increased at constant prices by 6.3%, y-o-y. Seasonally adjusted industrial production was lower by 4.3%, 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 10.2%), manufacture of fabricated metal products (contribution +0.8 p.p., growth by 8.9%), and manufacture of rubber and plastic products (contribution +0.7 p.p., growth by 11.1%). Industrial production decreased in manufacture of chemicals and chemical products (contribution -0.3 p.p., drop by 10.1%), printing and reproduction of recorded media (contribution -0.1 p.p., drop by 10.6%), and manufacture of computer, electronic and optical products (contribution -0.1 p.p., drop by 5.1%).

Sales from industrial activity at current prices increased by 0.9%, y-o-y, in August 2015. Direct export sales of industrial enterprises increased at current prices by 6.6%. Domestic sales, which include also indirect export via non-industrial enterprises decreased by 5.3% at current prices. 

The value of new orders in selected industrial CZ-NACE activities increased by 7.9%, y-o-y, in August 2015. Non-domestic new orders increased by 12.5%, while domestic new orders decreased by 0.7%. 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 +8.8 p.p., growth by 28.3%), manufacture of fabricated metal products (contribution +1.05 p.p., growth by 8.2%), and manufacture of machinery and equipment (contribution +0.97 p.p., growth by 8.4%). New orders decreased in manufacture of chemicals and chemical products (contribution -1.5 p.p., drop by 18.7%), manufacture of computer, electronic and optical products (contribution -1.3 p.p., drop by 12.2%), and manufacture of basic metals (contribution -0.8 p.p., drop by 11.5%).

The average registered number of employees*) in industrial enterprises with 50+ employees increased in August 2015 by 3.2%, y-o-y. Their average monthly nominal gross wage increased in August 2015 by 2.5%, y-o-y, and reached CZK 26 759.

According to the Eurostat news release working day adjusted industrial production in the EU28 in July 2015 increased by 1.8%, y-o-y. According to a preliminary time schedule, data for August 2015 will be released by Eurostat on 14 October 2015 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 within activities of services (CZ-NACE 78.2).

 

Notes:
Responsible head at the CZSO: Radek Matějka, phone number: (+420) 274 052 894,
e-mail: radek.matejka@czso.cz
Contact person: Veronika Doležalová, phone number (+420) 274 054 286,
e-mail: veronika.dolezalova@czso.cz
Method of data acquisition: direct survey of the CZSO (Prům 1-12)
End of data collection: 1 October 2015
Related outputs: time series https://www.czso.cz/csu/czso/pru_ts 
Next News Release will be published on: 6 November 2015

  •      apru100715.docx
  • Annexes:
  • Table 1 Industrial production (year-on-year indices)
  • Table 2 Sales and new orders in industry (year-on-year indices)
  • Graph 1 Industrial production (changes on base year)
  • Graph 2 Industrial production (year-on-year changes)
  • Graph 3 Industrial production index – international comparison
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Published: 07.10.2015
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