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Over the month, mining and quarrying and manufacturing production increased by 8.2%, seasonally and working day adjusted – by 7%; manufacturing production increased by 8.1%, seasonally and working day adjusted – by 7%.

Over the month, an increase in production was observed in the manufacture of basic pharmaceutical products and pharmaceutical preparations (42.3%), refined petroleum products (32.2%), chemicals and chemical products (18.3%), machinery and equipment not elsewhere classified (14.6%), beverages (9.1%), and textiles (6.4%).

Mining and quarrying; manufacturing companies and the sales and service structure of the market in January-February 2015

Mining and quarrying – B
Manufacturing – C

In February 2015, against January 2014, a decrease in production was observed in the manufacture of leather and leather products (33.9%), wearing apparel (19.7%), repair and installation of machinery and equipment (7.2%), manufacture of other transport equipment (3.9%), and food products (3.2%).

Table 1. Changes in industrial production, at constant prices of 2010, growth, drop, (−), %

In February 2015, against February 2014, industrial production increased by 5.6% at constant prices, working day adjusted – by 5.1%. Over the year, mining and quarrying and manufacturing production increased by 7.2%, working day adjusted – by 6.7%; manufacturing production increased by 7.4%, working day adjusted – by 6.9%.

In January–February 2015, industrial production totalled EUR 2.89 billion at current prices; compared to the same period of 2014, it grew by 1.8% at constant prices, working day adjusted – by 2.6%. Over the said period, mining and quarrying and manufacturing production increased by 4%, working day adjusted – by 5%; manufacturing production increased by 4.3%, working day adjusted – by 5.2%.

Table 2. Changes in industrial production, at constant prices of 2010, growth, drop, (−), %

In January–February 2015, against January–February 2014, the proportion of mining and quarrying and manufacturing sales and services on the non-Lithuanian market decreased by 0.4%age points and stood at 65.6%, on the Lithuanian market – grew by 0.4%age points and stood at 34.4%. The value of sales and services to euro area countries accounted for more than half (51.1%) of the total value of mining and quarrying and manufacturing sales and services on the non-Lithuanian market.

In January–February 2015, against January–February 2014, the value of sales and services of industrial enterprises on the non-Lithuanian market dropped by 7.4% at current prices. It was mainly influenced by an 18.2% drop in the sales of the production of the manufacture of refined petroleum products, 20.1% – food products, 23.3% – rubber and plastic products, 12.7 cent – electrical equipment. Over the said period, the sales of the production of the manufacture of furniture grew by 12, wood and wood products, except for furniture, – by 13.2, other transport equipment – by 71.9, basic pharmaceutical products and pharmaceutical preparations – by 28.4%. The value of sales and services to euro area countries decreased by 2.2%, to non-euro area countries – by 12.3% at current prices.  Refined petroleum products excluded, the value of sales and services of industrial enterprises on the non-Lithuanian market decreased by 3.7% at current prices.

In January–February 2015, against January–February 2014, the value of sales and services of industrial enterprises on the Lithuanian market decreased by 5.3%, refined petroleum products excluded – by 1.3% at current prices.

Concepts

Sales and services of industrial enterprises refers to income (VAT and excise excluded) received during a reference period through selling goods and providing services.

Industrial production refers to the value (VAT and excise excluded) of the sales of goods manufactured or manufacturing work carried out by an enterprise. For the calculation of changes in industrial production, a producer price index is used.

For more information, see the Database of Indicators.