Industry - December 2011

Industrial production in the year 2011 increased by 6.9%

06.02.2012
Code: r-8001-11
 




In December 2011, industrial production increased at constant prices by 2.0%, year-on-year. Compared to the previous month seasonally adjusted industrial production decreased by 0.8%. The value of new orders decreased by 1.2%, y-o-y.
In 2011, industrial production increased by 6.9%, y-o-y. The value of new orders was higher by 5.4%.

Industry in December 2011

In December 2011, industrial production increased at constant prices by 2.0%, y-o-y; working days adjusted industrial production increased by 4.4%. December 2011 had 1 working day less than December 2010. Seasonally adjusted industrial production (including working days adjustment) was lower by 0.8%, 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 +2.0 percentage points, growth by 11.5%), manufacture of machinery and equipment (contribution +1.4 p.p., growth by 14.8%), and manufacture of other transport equipment (contribution +0.6 p.p., growth by 28.2%). Industrial production decreased the most in manufacture of computer, electronic and optical products (contribution -1.1 p.p., drop by 26.9%), electricity, gas, steam and air conditioning supply (contribution -0.8 p.p., drop by 6.4%), and manufacture of basic pharmaceutical products and pharmaceutical preparations (contribution -0.5 p.p., drop by 30.1%).

Revenues from industrial activity at current prices increased by 2.4%, y-o-y. Direct export revenues of industrial enterprises increased at current prices by 11.5%. Domestic revenues, which include also indirect export via non-industrial enterprises decreased at current prices by 4.2%.

The value of new orders in selected industrial CZ-NACE activities decreased by 1.2%, y-o-y. Non-domestic new orders grew by 10.3%, while domestic new orders decreased by 17.1%. 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 +1.5 p.p., growth by 5.4%), manufacture of machinery and equipment (contribution +1.4 p.p., growth by 12.2%), and manufacture of chemicals and chemical products (contribution +0.8 p.p., growth by 12.1%). The value of new orders decreased in manufacture of computer, electronic and optical products (contribution -3.0 p.p., drop by 22.4%), manufacture of machinery and equipment (contribution -1.2 p.p., drop by 43.1%), and manufacture of fabricated metal products (contribution -0.8 p.p., drop by 6.4%).

The average registered number of employees * ) in industrial enterprises with 50+ employees increased in December 2011 by 1.7%, y-o-y. Their average monthly nominal wage increased in December 2011 by 0.3%, y-o-y, and reached CZK 27 453.

Industry in the fourth quarter of 2011

Industrial production in the fourth quarter of 2011 increased by 3.1%, y-o-y; working days adjusted increased by 3.8%. In the Q4 2011 there was 1 working day less than in Q4 2010.

Revenues from industrial activity at current prices increased by 3.9%, y-o-y, in Q4 2011. Direct export revenues of industrial enterprises increased at current prices by 13.3%. Domestic revenues, which include also indirect export via non-industrial enterprises decreased at current prices by 3.7%.

The value of new orders in selected industrial CZ-NACE activities increased in Q4 2011 by 1.8%, y-o-y. Non-domestic new orders grew by 9.8%, while domestic new orders decreased by 10.5%.

The average registered number of employees * ) in industrial enterprises with 50+ employees increased in Q4 2011 by 1.8%, y-o-y. Their average monthly nominal wage increased in Q4 2011 by 1.8%, y-o-y, and reached CZK 27 505.

Industry in the year 2011

Industrial production in 2011 increased by 6.9%, y-o-y. The following contributed the most to the y-o-y increase of industrial production: manufacture of motor vehicles, trailers and semi-trailers (contribution +3.7 percentage points, growth by 21.2%), manufacture of machinery and equipment (contribution +1.0 p.p., growth by 12.3%), and manufacture of rubber and plastic products (contribution +0.6 p.p., growth by 10.1%). Industrial production decreased the most in manufacture of computer, electronic and optical products (contribution -0.4 p.p., drop by 9.8%), electricity, gas, steam and air conditioning supply (contribution -0.3 p.p., drop by 2.8%), and manufacture of food products (contribution -0.2 p.p., drop by 4.6%).

Revenues from industrial activity at current prices increased by 7.2%, y-o-y, in 2011. Direct export revenues of industrial enterprises increased at current prices by 16.2%. Domestic revenues, which include also indirect export via non-industrial enterprises decreased at current prices by 0.4%.

The value of new orders in selected industrial CZ-NACE activities increased by 5.4%, y-o-y, in 2011. Non-domestic new orders grew by 12.1%, while domestic new orders decreased by 5.1%.

The average registered number of employees * ) in industrial enterprises with 50+ employees increased in 2011 by 3.0%, y-o-y. Their average monthly nominal wage increased in 2011 by 3.3%, y-o-y, and reached CZK 25 759.

According to the Eurostat news release published in November 2011, working day adjusted industrial production in the EU27 decreased by 0.2%, y-o-y. Data for December 2011 will be released by Eurostat on 14 February 2012 at 11:00 a.m.


Notes:
Responsible head: Radek Matějka, phone: (+420) 274052 894, e-mail: radek.matejka@czso.cz
Contact person: Jan Ernest, phone (+420) 274054188, e-mail: jan.ernest@czso.cz
Method of data acquisition: direct survey of the CZSO (“Prům 1-12”)
End of data collection: 31 January 2012
Specific methodological 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. Data on the registered number of employees in industry also exclude agency workers, who have contracts of employment, however, not within the industry.
Related publications: time series /csu/czso/pru_ts
The next News Release will be published on 13 March 2012



  • apru020612.doc

  • Annexes:
  • Table 1 Industrial production (year-on-year indices - IPI)
  • Table 2 Sales and new orders in industry
  • Graph 1 Industrial production (changes on base year)
  • Graph 2 Industrial production (year-on-year changes)
  • Graph 3 Industry production index, seasonally adjusted (Average of 2005 = 100)
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Published: 06.02.2012
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