Industry - January 2017

Industry was in good shape in January

15.03.2017
Code: 150153-17
 

In January 2017, working days adjusted industrial production increased at constant prices by 4.3%, year-on-year (y-o-y). Non-adjusted industrial production was by 9.6% higher. Seasonally adjusted industrial production increased by 3.5%, month-on-month (m-o-m). The value of new orders increased by 7.0%, y-o-y.

In January 2017, seasonally adjusted (as well as working days adjusted) industrial production increased at constant prices by 3.5%, m-o-m. Working days adjusted industrial production increased by 4.3%, y-o-y; non-adjusted industrial production increased by 9.6%. January 2017 had two working days more compared to the corresponding month of 2016. The following contributed the most to the y-o-y increase of industrial production: manufacture of motor vehicles, trailers and semi-trailers (contribution +3.8 p.p., growth by 18.7%), electricity, gas, steam and air conditioning supply (contribution +2.1 p.p., growth by 13.8%), and manufacture of fabricated metal products (contribution +0.7 p.p., growth by 8.2%). Industrial production decreased in mining and quarrying (contribution -0.5 p.p., drop by 14.9%), manufacture of other transport equipment (contribution -0.2 p.p., drop by 10.0%), and printing and reproduction of recorded media (contribution -0.1 p.p., drop by 6.4%).

Sales from industrial activity at current prices increased by 12.0%, y-o-y, in January 2017. Direct export sales of industrial enterprises increased at current prices by 13.0%. Domestic sales, which include also indirect export via non-industrial enterprises increased at current prices by 10.6%. 

The value of new orders in selected industrial CZ-NACE activities increased by 7.0%, y-o-y, in January 2017. Non-domestic new orders increased by 6.1%, while domestic new orders increased by 9.1%. 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 +2.3 p.p., growth by 5.3%), manufacture of electrical equipment (contribution +1.6 p.p., growth by 19.0%), and manufacture of chemicals and chemical products (contribution +1.5 p.p., growth by 22.2%). New orders decreased in manufacture of other transport equipment (contribution -0.2 p.p., drop by 12.1%), manufacture of machinery and equipment (contribution -0.1 p.p., drop by 1.1%), and manufacture of wearing apparel (contribution -0.02 p.p., drop by 2.9%).

The average registered number of employees*) in industrial enterprises with 50+ employees increased in January 2017 by 2.1%, y-o-y. Their average gross monthly nominal wage increased in January 2017 by 5.7%, y-o-y, and reached CZK 29 151.

According to the Eurostat news release, working days adjusted industrial production in the EU28 in January 2017 increased by 1.3%, y-o-y.

 

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

 

  •      apru031517.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)
  • Graph 1 Industrial production (base indices)
  • Graph 2 Industrial production (year-on-year indices)
  • Graph 3 Industrial production index – international comparison (base indices, seasonally adjusted)
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Published: 15.03.2017
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