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In March, industrial production in Lithuania grew by 4.3%

Violeta Kunigėliene, Statistics Lithuania, 22.04.2015.Print version
Statistics Lithuania informs that in March 2015 industrial production totalled EUR 1.59 billion at current prices and, compared to February, grew by 4.3% at constant prices, seasonally and working day adjusted – decreased by 3.4%. In March 2015, against March 2014, industrial production increased by 10.5%.

Over the month, mining and quarrying and manufacturing production increased by 6.3%, seasonally and working day adjusted – decreased by 3.7%; manufacturing production increased by 6.1%, seasonally and working day adjusted – decreased by 3.8%.

 

Over the month, an increase in production was observed in the manufacture of other non-metallic mineral products (63.2%), repair and installation of machinery and equipment (53.4%), manufacture of computer, electronic and optical products (30.5%), paper and paper products (26.9%), machinery and equipment not elsewhere classified (26.9%), and beverages (24.2%).

 

Mining and quarrying; manufacturing companies' sales and service structure of the market in
January-March

Mining and quarrying – B
Manufacturing – C

 

In March 2015, against February, a decrease in production was observed in the manufacture of refined petroleum products (23.8%), electricity, gas, steam and air conditioning supply (9.4%), manufacture of other transport equipment (3.9%), wearing apparel (2.9%), and leather and leather products (0.8%).

 


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

Economic activities

March 2015, against

February

February, seasonally and working day adjusted

March 2014

March 2014, working day adjusted

2010 monthly average

Industry (B–E)

4.3

−3.4

10.5

6.1

17.4

Mining and quarrying, manufacturing (B and C)

6.3

−3.7

11.5

6.6

23.8

Mining and quarrying (B)

48.4

13.3

−6.4

−5.6

9.2

Manufacturing (C)

6.1

−3.8

11.7

6.7

24.0

Manufacturing (except for the manufacture of refined petroleum products) (C excl. C19)

15.9

2.5

11.4

8.5

51.3

Electricity, gas, steam and air conditioning supply (D)

−9.4

0.0

3.7

3.6

−16.3

Water supply, sewerage, waste management and remediation activities (only Division 36 of Section E – water collection, treatment and supply)

3.0

0.0

−2.3

−1.6

−3.1

Main industrial groupings

 

 

 

 

 

Energy products

−18.1

−12.6

8.7

−1.8

−26.1

Intermediate goods

19.6

7.5

15.9

13.6

51.4

Capital goods

25.5

6.5

4.2

0.2

62.6

Consumer durables

8.9

−0.6

17.1

10.4

2.1 t.

Consumer non-durables

12.0

2.7

5.6

6.0

31.6


In March 2015, against March 2014, industrial production increased by 10.5% at constant prices, working day adjusted – by 6.1%. Over the year, mining and quarrying and manufacturing production increased by 11.5%, working day adjusted – by 6.6%; manufacturing production increased by 11.7%, working day adjusted – by 6.7%.

 

In January–March 2015, industrial production totalled EUR 4.48 billion at current prices; compared to the same period of 2014, it grew by 4.6% at constant prices, working day adjusted – by 3.7%. Over the said period, mining and quarrying and manufacturing production increased by 6.5%, working day adjusted – by 5.5%; manufacturing production increased by 6.7%, working day adjusted – by 5.6%.


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

Economic activities

January–March 2015, against

January–March 2014

January–March 2014, working day adjusted

Industry (B–E)

4.6

3.7

Mining and quarrying, manufacturing (B and C)

6.5

5.5

Mining and quarrying (B)

−16.7

−13.3

Manufacturing (C)

6.7

5.6

Manufacturing (except for the manufacture of refined petroleum products) (C excl. C19)

4.8

5.2

Electricity, gas, steam and air conditioning supply (D)

−6.5

−6.4

Water supply, sewerage, waste management and remediation activities (only Division 36 of Section E – water collection, treatment and supply)

−3.7

−2.9

Main industrial groupings

 

 

Energy products

4.5

0.0

Intermediate goods

6.2

6.8

Capital goods

0.5

0.8

Consumer durables

13.4

13.2

Consumer non-durables

0.7

2.0


In January–March 2015, against January–March 2014, the proportion of mining and quarrying and manufacturing sales and services on the non-Lithuanian market increased by 0.4 percentage points and stood at 65.4%, on the Lithuanian market – decreased by 0.4 percentage points and stood at 34.6%. The value of sales and services to non-euro area countries accounted for more than half (51%) of the total value of mining and quarrying and manufacturing sales and services on the non-Lithuanian market.

 

In January–March 2015, against January–March 2014, the value of sales and services of industrial enterprises on the non-Lithuanian market decreased by 2.6% at current prices. It was mainly influenced by a 14.4% drop in the sales of the production of the manufacture of each refined petroleum products and food products, 19.8% – rubber and plastic products. Over the said period, the sales of the production of the manufacture of furniture grew by 14.8, chemicals and chemical products – 6.9, wood and wood products, except for furniture, – 16, basic pharmaceutical products and pharmaceutical preparations – 50.4%. The value of sales and services to euro area countries decreased by 3%, to non-euro area countries – by 2.3% at current prices. Refined petroleum products excluded, the value of sales and services of industrial enterprises on the non-Lithuanian market increased by 1.1% at current prices.

 

In January–March 2015, against January–March 2014, the value of sales and services of industrial enterprises on the Lithuanian market decreased by 4.7%, refined petroleum products excluded – by 0.3% 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.







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