Industry - October 2017

Number of employees in industry further increased

07.12.2017
Code: 150153-17
 

In October 2017, working days adjusted industrial production increased at constant prices by 5.3%, year-on-year (y-o-y); non-adjusted industrial production increased by 10.5%, y-o-y. Seasonally adjusted industrial production was by 1.5% lower, month-on-month (m-o-m). The value of new orders increased by 10.3%, y-o-y.

In October 2017, seasonally adjusted (as well as working days adjusted) industrial production decreased at constant prices by 1.5%, m-o-m. Year-on-year, working days adjusted industrial production increased by 5.3%, non-adjusted increased by 10.5%. October 2017 had 2 working days more than October 2016. The following contributed the most to the y-o-y increase of industrial production: manufacture of motor vehicles, trailers and semi-trailers (contribution +2.2 p.p., growth by 10.8%), electricity, gas, steam and air conditioning supply (contribution +1.7 p.p., growth by 15.4%), and manufacture of electrical equipment (contribution +1.5 p.p., growth by 21.1%). Industrial production decreased in repair and installation of machinery and equipment (drop by 7.7%), manufacture of leather and related products (drop by 3.0%) and manufacture of basic pharmaceutical products and pharmaceutical preparations (drop by 1.1%).

Sales from industrial activity at current prices increased by 8.7%, y-o-y, in October 2017. Direct export sales of industrial enterprises increased at current prices by 9.2%. Domestic sales, which include also indirect export via non-industrial enterprises increased at current prices by 8.0%. 

The value of new orders in selected industrial CZ-NACE activities increased by 10.3%, y-o-y, in October 2017. Non-domestic new orders increased by 9.1%, while domestic new orders increased by 12.7%. The y-o-y increase of new orders in total was the most contributed to by the following CZ-NACE divisions: manufacture of electrical equipment (contribution +2.6 p.p., growth by 29.8%), manufacture of basic metals (contribution +1.5 p.p., growth by 28.1%), and manufacture of motor vehicles, trailers and semi-trailers (contribution +1.3 p.p., growth by 3.1%). New orders decreased in manufacture of basic pharmaceutical products and pharmaceutical preparations (drop by 1.5%) and manufacture of wearing apparel (contribution drop by 0.3%).

The average registered number of employees*) in enterprises with 50+ employees in industry increased in October 2017 by 2.0%, y-o-y. Their average gross monthly nominal wage increased in October 2017 by 7.1%, y-o-y, and reached CZK 31 211.

According to the Eurostat news release, working days adjusted industrial production in the EU28 in September 2017 increased by 3.6%, y-o-y. According to a preliminary time schedule, data for October 2017 will be released by Eurostat on 13 December 2017 at 11:00 a.m.

 

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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. The piece of data on the registered number of employees in industry also excludes agency workers, who have contracts of employment within activities of services (CZ-NACE 78.2).
In compliance with the CZSO revision policy, data for July to September 2017 were revised concurrently with processing of data for October 2017.  

Responsible head at the CZSO: Radek Matějka, phone number: (+420) 274 052 894, e-mail: radek.matejka@czso.cz
Contact person: Iveta Danišová, 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: 1 December 2017
Related outputs: time series https://www.czso.cz/csu/czso/pru_ts 
Next News Release will be published on: 8 January 2018

 

  •      apru120717.docx
  • Annexes:
  • Table 1 Industrial production (year-on-year indices – IPI, not seasonally 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: 07.12.2017
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