Industry - July 2010

Growth of production and orders in industry continued

06.09.2010
Code: r-8001-10
 




In July 2010 seasonally adjusted industrial production increased by 0.3% compared with June 2010. Industrial production increased by 5.3% compared with July 2009. The value of new orders grew by 10.0%, y-o-y.


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In July 2010 industrial production increased by 5.3% compared with July 2009; working days adjusted (WDA) industrial production increased by 10.6%. In July 2010, there were 2 working days less compared with July 2009. After seasonal adjustment (including working days adjustment) industrial production was higher by 0.3%, month-on-month. The annual growth in industrial production was most contributed to by manufacture of fabricated metal products (contribution +1.4 percentage point, growth by 16.8%), manufacture of machinery and equipment (contribution +1.3 p.p., growth by 18.4%), and manufacture of computer, electronic and optical products (contribution +1.1 p.p., growth by 36.5%). The highest decline of industrial production was recorded in manufacture of other non-metallic mineral products (contribution by -0.4 p.p., drop by 5.6%), manufacture of food products (contribution by -0.3 p.p., drop by 5.9%), 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 4.8%).

Revenues from industrial activity at current prices increased by 7.8% compared with July 2009. Direct export revenues of industrial enterprises at current prices increased by 16.1%. Their share in total revenues of industrial enterprises made up 48.3%.

The value of new orders in selected industrial CZ-NACE activities increased by 10.0% compared with July 2009 (non-domestic new orders grew by 11.9%). The y-o-y growth of new orders in total was the most contributed to by the following CZ-NACE divisions: manufacture of computer, electronic and optical products (contribution +4.8 percentage point, growth by 34.5%), manufacture of basic metals (contribution +2.9 p.p., growth by 42.4%) and manufacture of electrical equipment (contribution +1.6 p.p., growth by 17.8%).

The average registered number of employees in industrial enterprises with 50 or more employees decreased by 2.0% compared with July 2009. Their average monthly nominal wage rose by 2.7% in comparison with July 2009 and reached CZK 24 902.

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According to the Eurostat news release published in June 2010, WDA industrial production in the EU 27 increased by 7.7%, y-o-y. Data for July 2010 will by released by Eurostat on 13 September 2010 at 11:00 a.m.



Notes:
Contacts:
Jan Ernest, phone (+420) 274054188, e-mail: jan.ernest@czso.cz
Data source: direct CZSO surveys
End of data collection: 31 August 2010
End of data processing: 2 September 2010



  • apru090610.doc

  • Annexes:
  • Table 1 Industrial production (year-on-year indices - IPI)
  • Table 2 Sales in industry (year-on-year indices)
  • Table 3 New orders in industry (indices)
  • Graph 1 Industrial production (changes on base year)
  • Graph 2 Industrial production (year-on-year changes)
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Published: 06.09.2010
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