Industry - July 2019

Industrial production remained on the level of July 2018

06.09.2019
Code: 150153-19
 

In July, working day adjusted industrial production increased at constant prices by 0.1%, year-on-year (y-o-y). Seasonally adjusted industrial production increased by 0.7%, month-on-month (m-o-m). The value of new orders increased by 10.2%, y-o-y.

Industrial production1 increased in July 2019 at constant prices by 0.7%, m-o-m. In the year-on-year comparison, it increased by 0.1%. The following economic activities contributed the most to the y-o-y increase in industrial production: manufacture of motor vehicles, trailers and semi-trailers (contribution +2.0 percentage points (p. p.), growth by 13.6%), manufacture of electrical equipment (contribution +0.4 p. p., growth by 5.6%), and manufacture of basic pharmaceutical products and pharmaceutical preparations (contribution +0.3 p. p., growth by 22.1%). Industrial production decreased in the following economic activities: electricity, gas, steam and air conditioning supply (contribution −1.2  p. p., drop by 12.0%), manufacture of other non-metallic mineral products (contribution −0.24 p. p., drop by 5.0%), and manufacture of basic metals (contribution −0.23 p. p., drop by 7.2%). Non-adjusted industrial production was by 5.6% higher, y-o-y (there were two working days more in July 2019 compared to July 2018).

Sales from industrial activity at current prices2 increased by 9.0%, y-o-y, in July 2019. Direct export sales of industrial enterprises increased at current prices by 8.1%. Domestic sales, which include also indirect export via non-industrial enterprises increased at current prices by 10.2%. 

The value of new orders2 in surveyed industrial CZ-NACE activities increased by 10.2%, y-o-y, in July 2019. Non-domestic new orders increased by 9.2%, while domestic new orders increased by 12.4%. The y-o-y increase 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 +6.0 p. p., growth by 18.4%), manufacture of other transport equipment (contribution +2.0 p. p., growth by 71.8%), and manufacture of electrical equipment (contribution +1.0 p. p., growth by 10.8%). New orders decreased only in manufacture of basic metals (contribution −1.3 p. p., drop by 18.2%).

The average registered number of employees3 in industry decreased in July 2019 by 0.9%, y-o-y. Their average gross monthly nominal wage increased in July 2019 by 6.9%, y-o-y.

According to the Eurostat news release, working day adjusted industrial production in the EU28 in June 2019 decreased by 1.9%, y-o-y. According to a preliminary release calendar, Eurostat will release data for July 2019 on 12 September 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).

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: 29 August 2019
Related outputs: time series https://www.czso.cz/csu/czso/pru_ts

Next News Release will be published on: 7 October 2019

  • apru090619.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: 06.09.2019
The data are valid as of the release date of the publication.


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