Industry - January 2020

Industrial production decreased, year-on-year

12.03.2020
Code: 150153-20
 

In January, working day adjusted industrial production decreased in real terms (at constant prices) by 1.4%, year-on-year (y-o-y). Seasonally adjusted industrial production increased by 1.1%, month-on-month (m-o-m). The value of new orders increased by 1.3%, y-o-y.

Industrial production1) increased in January 2020 in real terms (at constant prices) by 1.1%, m-o-m. In the year-on-year comparison, it decreased by 1.4%. The following economic activities contributed the most to the y-o-y change in industrial production: electricity, gas, steam and air conditioning supply (contribution −0.8 percentage point (p. p.), drop by 5.8%), manufacture of fabricated metal products (contribution −0.6 p. p., drop by 5.5%), and manufacture of machinery and equipment (contribution −0.2 p. p., drop by 3.2%). Industrial production increased in the following economic activities: manufacture of motor vehicles, trailers and semi-trailers (contribution +0.6 p. p., growth by 3.0%), manufacture of computer, electronic and optical products (contribution +0.2 p. p., growth by 6.9%), 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., growth by 9.2%).

Sales from industrial activity at current prices2) increased by 1.1%, y-o-y, in January 2020. Direct export sales of industrial enterprises decreased at current prices by 0.2%. Domestic sales, which include also indirect export via non-industrial enterprises increased at current prices by 2.9%. 

The value of new orders2) in surveyed industrial CZ-NACE activities increased by 1.3%, y-o-y, in January 2020. Non-domestic new orders decreased by 0.8%, while domestic new orders increased by 6.0%. 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 +3.3 p. p., growth by 8.5%), manufacture of other transport equipment (contribution +0.6 p. p., growth by 29.5%), and manufacture of computer, electronic and optical products (contribution +0.2 p. p., growth by 2.4%). New orders decreased in manufacture of fabricated metal products (contribution −0.8 p. p., drop by 7.0%), manufacture of electrical equipment (contribution −0.6 p. p., drop by 6.0%), and manufacture of chemicals and chemical products (contribution −0.5 p. p., drop by 8.2%).

The average registered number of employees3) in industry decreased in January 2020 by 2.1%, y-o-y. Their average gross monthly nominal wage increased in January 2020 by 6.4%, y-o-y. 

According to the Eurostat news release, working day adjusted industrial production in the EU28 in December 2019 decreased by 3.6%, y-o-y. According to a preliminary release calendar, Eurostat will release data for January 2020 on 12 March 2020 at 11 a.m.

________________________
Notes:
1) The year-on-year development of industrial production is adjusted for working days unless otherwise stated. Month-on-month or quarter-on-quarter rates are also seasonally adjusted. Contributions to an increase or to a decrease are calculated from data that are adjusted for working days.
2) The year-on-year development of sales at current prices and the value of new orders are not adjusted.
3) Indicators related to employment in industry apply to the entire population of enterprises the principal (prevailing) activity of which is industry. The indicator of the registered number of employees 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 economic activities of services (CZ-NACE 78.2).
In accordance with the CZSO revision policy, concurrently with processing of data for January 2020, data for the year 2019 have been revised.

Responsible head at the CZSO: Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department,
phone number: (+420) 274 052 894,
e-mail: radek.matejka@czso.cz
Contact person: Iveta Danišová, Head of Industrial Statistics Unit,
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: 5 March 2020
Related outputs: time series https://www.czso.cz/csu/czso/pru_ts
Next News Release will be published on: 6 April 2020

  •      apru031220.docx
  • Annexes:
  • Table 1 Industrial production (year-on-year indices – IPI, calendar days 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: 12.03.2020
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