Industry - December 2012

Industrial production dropped by 1.2% in 2012

06.02.2013
Code: r-8001-12
 




In December 2012, industrial production decreased at constant prices by 12.5%, year-on-year; working days adjusted industrial production decreased by 5.8%. Compared to the previous month seasonally adjusted industrial production was lower by 0.1%. The value of new orders decreased by 11.5%, y-o-y.
Industrial production dropped by 1.2 % in 2012.

In December 2012, industrial production decreased at constant prices by 12.5%, y-o-y; working days adjusted industrial production decreased by 5.8%. December 2012 had 3 working days less than December 2011. Seasonally adjusted industrial production (as well as working days adjusted) was lower by 0.1%, m-o-m. The following contributed the most to the y-o-y decrease of industrial production: manufacture of motor vehicles, trailers and semi-trailers (contribution -3.3 p.p., decrease by 17.7%), manufacture of machinery and equipment (contribution -1.5 p.p., drop by 14.3%), manufacture of rubber and plastic products (contribution -0.9 p.p., drop by 16.9%), mining and quarrying (contribution -0.8 p.p., drop by 19.7%), and manufacture of other transport equipment (contribution -0.7 p.p., drop by 29.7%).

Sales from industrial activity at current prices decreased by 10.2%, y-o-y, in December 2012. Direct export sales of industrial enterprises decreased at current prices by 9.9%. Domestic sales, which include also indirect export via non-industrial enterprises decreased at current prices by 10.4%.

The value of new orders in selected industrial CZ-NACE activities decreased by 11.5%, y-o-y, in December 2012. Non-domestic new orders decreased by 10.5%, while domestic new orders decreased by 13.4%. The y-o-y decrease 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 -4.2 p.p., drop by 13.3%), manufacture of basic metals (contribution -2.9 p.p., drop by 31.0%), and manufacture of machinery and equipment (contribution -1.9 p.p., drop by 15.0%). The value of new orders increased in manufacture of basic pharmaceutical products and pharmaceutical preparations (contribution +0.2 p.p., growth by 14.7%), and manufacture of textiles (contribution +0.02 p.p., growth by 0.9%).

The average registered number of employees * ) in industrial enterprises with 50+ employees decreased in December 2012 by 0.6%, y-o-y. Their average monthly nominal wage increased in December 2012 by 5.4%, y-o-y, and reached CZK 29 136.

According to the Eurostat news release published in November 2012, working day adjusted industrial production in the EU27 decreased by 3.3%, y-o-y. Data for December 2012 will be released by Eurostat on 13 February 2013 at 11:00 a.m.

Industry in the Q4 2012

Industrial production in the Q4 2012 decreased by 3.9%, y-o-y, the working days adjusted dropped by 5.1%. In Q4 2012, there was by 1 working day more than in Q4 2011.

Sales from industrial activity at current prices were lower by 2.6%, y-o-y, in the Q4 2012. Direct export sales of industrial enterprises decreased at current prices by 2.4%. Domestic sales, which include also indirect export via non-industrial enterprises decreased at current prices by 2.7%.

The value of new orders in selected industrial CZ-NACE activities decreased by 2.4%, y-o-y, in the Q4 2012. Non-domestic new orders decreased by 1.2%, while domestic new orders decreased by 4.8%.

The average registered number of employees * ) in industrial enterprises with 50+ employees decreased in Q4 2012 by 0.6%. Their average monthly nominal wage increased in Q4 2012 by 4.2%, y-o-y, and reached CZK 28 712.

Attention:

Starting with the News Release for January 2013, the base for short-term statistics will change. Besides the change in the base period at fixed-base indices (that will be newly compared to the average of 2010 instead of the average of 2005) also the weighting scheme of the year 2010 will be used. In accordance with the methodology of Eurostat, a back-calculation to the year 2009 will be made on the new weights, which will entail a revision of base and y-o-y indices. Historical data before 2009 will be connected via conversion bridges and the y-o-y indices will thus remain unchanged.
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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, however, not within the industry.

Analysis - Industrial production slightly decreased in 2012


Notes:
Responsible head at the CZSO: Radek Matějka, phone number: (+420) 274 052 894, e-mail: radek.matejka@czso.cz
Contact person: Jan Ernest, phone number (+420) 274 054 188, e-mail: jan.ernest@czso.cz
Method of data acquisition: direct survey of the CZSO (“Prům 1-12”)
End of data collection: 31 January 2013
Related outputs: time series /csu/czso/pru_ts
Next News Release will be published on: 15 March 2013



  • apru020613.doc

  • 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: 06.02.2013
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