Industry - October 2014

Industrial production increased, year-on-year

08.12.2014
Code: 150153-14
 

In October 2014, industrial production increased at constant prices by 3.2%, year-on-year. Compared to the previous month, seasonally adjusted industrial production was lower by 0.5%. The value of new orders increased by 8.3%, y-o-y. 

In October 2014, industrial production increased at constant prices by 3.2%, y-o-y. Seasonally adjusted industrial production decreased by 0.5%, 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 +1.6 p.p., growth by 9.9%), electricity, gas, steam and air conditioning supply (contribution +0.5 p.p., growth by 3.6%), and manufacture of chemicals and chemical products (contribution +0.3 p.p., growth by 10.2%). Industrial production decreased in mining and quarrying (contribution -0.2 p.p., drop by 5.6%), manufacture of machinery and equipment (contribution -0.1 p.p., drop by 1.5%), and manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (contribution -0.1 p.p., drop by 5.0%). 

Sales from industrial activity at current prices increased by 8.9%, y-o-y, in October 2014. Direct export sales of industrial enterprises increased at current prices by 17.2%. Domestic sales, which include also indirect export via non-industrial enterprises increased at current prices by 0.2%. 

The value of new orders in selected industrial CZ-NACE activities increased by 8.3%, y-o-y, in October 2014. Non-domestic new orders increased by 8.8%, while domestic new orders increased by 7.5%. 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 +4.6 p.p., growth by 13.3%), manufacture of computer, electronic and optical products (contribution +1.5 p.p., growth by 17.3%), and manufacture of fabricated metal products (contribution +0.8 p.p., growth by 5.9%). New orders decreased in manufacture of basic metals (contribution -0.3 p.p., drop by 4.8%), manufacture of machinery and equipment (contribution -0.2 p.p., drop by 1.7%), and manufacture of wearing apparel (contribution -0.03 p.p., drop by 5.7%). 

The average registered number of employees*) in industrial enterprises with 50+ employees increased in October 2014 by 2.1%, y-o-y. Their average monthly nominal gross wage increased in October 2014 by 1.1%, y-o-y, and reached CZK 27 633. 

According to the Eurostat news release working day adjusted industrial production in the EU28 in September 2014 increased by 0.6%, y-o-y. According to a preliminary time schedule, data for October 2014 will be released by Eurostat on 12 December 2014 at 11 a.m.


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 within activities of services (CZ-NACE 78.2).
In compliance with the CZSO revision policy, together with processing of data for October 2014 data for July to September 2014 were revised. 
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 December 2014
Related outputs: time series /csu/czso/pru_ts
Next News Release will be published on: 9 January 2015

  • apru120814.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: 08.12.2014
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