Analytics, Industry, Latvia, Statistics
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Friday, 19.04.2024, 19:14
Steady manufacturing output growth in March
Print versionThe most notable rise in manufacturing was recorded in repair and installation of machinery and equipment (of 26.7%), manufacture of computer, electronic and optical products (21.4%), and manufacture of fabricated metal products, except machinery and equipment (17.4%), while decline was registered in manufacture of paper and paper products (of 11.2%) and manufacture of furniture (10.6%).
Compared to February 2019, in March 2019 industrial production output grew by 0.7%, according to seasonally adjusted data at constant prices. Of which rise in electricity and gas supply constituted 7.1%, whereas in manufacture and in mining and quarrying there was a reduction of 1.1% and 0.5%, respectively.
Changes
in industrial production output
(as per cent, at constant
prices)
|
|
Q1
2019, compared to |
March
2019, compared to |
||
|
Q4 2018 (seasonally
adjusted) |
Q1 2018 (calendar adjusted) |
February 2019 (seasonally adjusted) |
March 2018 (calendar adjusted) |
|
|
Total
industrial production |
-0.5 |
-0.8 |
0.7 |
1.5 |
|
Mining
and quarrying |
-1.6 |
13.3 |
-0.5 |
18.0 |
|
Manufacturing |
0.7 |
5.0 |
-1.1 |
4.7 |
|
Manufacture
of food products |
-1.0 |
-2.1 |
-2.3 |
-4.5 |
|
Manufacture
of beverages |
-5.2 |
0.3 |
-8.3 |
3.3 |
|
Manufacture
of textiles |
-2.0 |
4.8 |
-7.1 |
1.3 |
|
Manufacture
of wearing apparel |
-6.4 |
-11.4 |
15.1 |
0.2 |
|
Manufacture
of wood and of products of wood and cork, except furniture |
2.1 |
8.0 |
-6.1 |
3.5 |
|
Manufacture
of paper and paper products |
3.0 |
-9.8 |
-0.4 |
-11.2 |
|
Printing
and reproduction of recorded media |
6.2 |
11.7 |
5.6 |
16.1 |
|
Manufacture
of chemicals and chemical products |
-1.3 |
7.0 |
-20.1 |
6.0 |
|
Manufacture
of other non-metallic mineral products |
-0.8 |
-4.6 |
-4.0 |
-7.0 |
|
Manufacture
of fabricated metal products, except machinery and equipment |
5.3 |
13.5 |
-3.9 |
17.4 |
|
Manufacture
of computer, electronic and optical products |
-1.0 |
14.7 |
6.3 |
21.4 |
|
Manufacture
of electrical equipment |
-3.2 |
18.7 |
1.2 |
15.0 |
|
Manufacture
of machinery and equipment |
1.5 |
14.1 |
-5.0 |
3.0 |
|
Manufacture
of motor vehicles, trailers and semi-trailers |
1.9 |
4.5 |
-2.0 |
3.8 |
|
Manufacture
of furniture |
-1.7 |
-7.5 |
-5.5 |
-10.6 |
|
Repair
and installation of machinery and equipment* |
-1.5 |
14.2 |
-3.4 |
26.7 |
|
Electricity
and gas supply |
-2.2 |
-17.3 |
7.1 |
-9.6 |
* Repair and maintenance of ships and boats, repair of fabricated metal products, machinery and equipment, installation of industrial machinery and equipment
Manufacturing turnover2
Compared to March 2018, in March 2019 manufacturing turnover increased by 6.6% (according to calendar adjusted data at current prices). Turnover on the domestic market went up by 4.3% and in export by 7.8% (of which by 6% in euro area and by 9.2% in non-euro area).
Compared to February 2019, in March 2019 manufacturing turnover fell by 2.4% (according to seasonally adjusted data). Turnover on the domestic market dropped by 1.3% and in export by 3% (of which by 4.3% in euro area and by 1.9% in non-euro area).
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