Industry - June 2017

Industrial production: +2.2%, year-on-year

07.08.2017
Code: 150153-17
 

In June 2017, seasonally adjusted industrial production decreased by 3.8%, month-on-month (m-o-m). In the year-on-year (y-o-y) comparison, industrial production increased at constant prices by 2.2%. The value of new orders increased by 4.8%, y-o-y.

In June 2017, seasonally adjusted industrial production decreased at constant prices by 3.8%, m-o-m. In comparison with the corresponding month of the previous year, it increased at constant prices by 2.2%. June 2017 and June 2016 had the same number of working days. The following contributed the most to the y-o-y increase of industrial production: manufacture of motor vehicles, trailers and semi-trailers (contribution +0.7 p.p., growth by 3.3%), manufacture of rubber and plastic products (contribution +0.5 p.p., growth by 7.7%), and manufacture of fabricated metal products (contribution +0.4 p.p., growth by 4.1%). Industrial production decreased in electricity, gas, steam and air conditioning supply (contribution -0.6 p.p., drop by 6.5%), manufacture of other transport equipment (contribution -0.5 p.p., drop by 25.2%), and mining and quarrying (contribution -0.4 p.p., drop by 16.5%).

Sales from industrial activity at current prices increased by 4.9%, y-o-y, in June 2017. Direct export sales of industrial enterprises increased at current prices by 3.0%. Domestic sales, which include also indirect export via non-industrial enterprises increased at current prices by 7.7%. 

The value of new orders in selected industrial CZ-NACE activities increased by 4.8%, y-o-y, in June 2017. Non-domestic new orders increased by 1.7%, while domestic new orders increased by 11.1%. The y-o-y increase of new orders in total was the most contributed to by the following CZ-NACE divisions: manufacture of chemicals and chemical products (contribution +0.87 p.p., growth by 19.0%), manufacture of electrical equipment (contribution +0.85 p.p., growth by 8.9%), and manufacture of basic metals (contribution +0.80 p.p., growth by 15.1%). New orders decreased in manufacture of basic pharmaceutical products and pharmaceutical preparations (contribution -0.04 p.p., drop by 3.8%), and manufacture of wearing apparel (contribution -0.03 p.p., drop by 4.5%).

The average registered number of employees*) in enterprises with 50+ employees in industry increased in June 2017 by 1.8%, y-o-y. Their average gross monthly nominal wage increased in June 2017 by 6.5%, y-o-y, and reached CZK 31 092.

According to the Eurostat news release, working days adjusted industrial production in the EU28 in May 2017 increased by 4.0%, y-o-y. According to a preliminary time schedule, data for June 2017 will be released by Eurostat on 14 August 2017 at 11:00 a.m.

Industry in the second quarter of 2017
Industrial production in the Q2 2017 compared to the Q1 2017 after seasonal adjustment was higher at constant prices by 1.3%. Year-on-year, after working days adjustment, it increased in the Q2 2017 by 6.2%; non-adjusted industrial production increased by 2.6%. In the Q2 2017, there were 4 working days less compared to the corresponding quarter of the previous year.

Sales from industrial activity at current prices were by 5.7% up, y-o-y, in the Q2 2017. Direct export sales of industrial enterprises increased at current prices by 4.9%. Domestic sales, which include also indirect export via non-industrial enterprises increased at current prices by 6.9%.

The value of new orders in selected industrial CZ-NACE activities increased by 3.5%, y-o-y, in the Q2 2017. Non-domestic new orders increased by 2.2%, while domestic new orders increased by 6.0%.

 The average registered number of employees*) in industrial enterprises with 50+ employees increased in the Q2 2017 by 1.9%, y-o-y. Their average gross monthly nominal wage increased in the Q2 2017 by 8.0%, y-o-y, and reached CZK 31 863.

_____________________
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).

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 August 2017
Related outputs: time series https://www.czso.cz/csu/czso/pru_ts
Next News Release will be published on: 6 September 2017

  •      apru080717.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)
Archive:
Show all Hide

Published: 07.08.2017
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