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Over the month, mining and quarrying and manufacturing production increased by 4.6%, seasonally adjusted – by 1.2%, manufacturing – 4.6%, seasonally adjusted – 1.3%.

In May 2014, against April, the largest increase in production was observed for the manufacture of basic pharmaceutical products and pharmaceutical preparations (23.9%), fabricated metal products, except machinery and equipment (17.8%), computer, electronic and optical products (13.7%), leather and related products (12.9%), wearing apparel (9.6%) and refined petroleum products (7.2%).

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

Mining and quarrying – B
Manufacturing – C

Over the month, decrease in production was observed for electricity, gas, steam and air conditioning supply (23.2%), manufacture of other transport equipment (19.3%), water collection, treatment and supply (7.4%), manufacture of motor vehicles, trailer and semi-trailers (4.7%).

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

In May 2014, against May 2013, industrial production increased by 8.1% at constant prices, working day adjusted – 10.1%. Over the year, mining and quarrying and manufacturing production increased by 9%, working day adjusted – by 11.4%, of which manufacturing production increased by 9.1%, working day adjusted – by 11.4%.

In January–May 2014, industrial production totalled LTL 27.6 billion at current prices; compared to the same period of 2013, it decreased by 3% at constant prices, working day adjusted – 2.3%. Over the said period, mining and quarrying and manufacturing production decreased by 1.2%, working day adjusted – by 0.2%, of which manufacturing production decreased by 1.3%, working day adjusted – by 0.3%.

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

In January–May 2014, compared to January–May 2013, the proportion of mining and quarrying and manufacturing sales and services on the non-Lithuanian market dropped by 3.9 percentage points and made up 64.7%, on the Lithuanian market – grew by 3.9 percentage points and made up 35.3%.

In January–May 2014, compared to January–May 2013, the value of sales and services of industrial enterprises on the non-Lithuanian market dropped by 10.8% at current prices. It was influenced by a decrease in sales of refined petroleum products (by 36.7%), chemicals and chemical products (by 12.5%). The value of sales and services on the non-Lithuanian market, refined petroleum products excluded, increased by 4.6% at current prices. It was influenced by an increase in the output of sales of enterprises engaged in the manufacture of rubber and plastic products (30.4%), furniture (17.1%), food products (6.9%).

Over the period in question, the value of mining and quarrying and manufacturing sales and services on the Lithuanian market grew by 6.5% at current prices, refined petroleum products excluded – by 8.7%.

Concepts

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

Sales and services of industrial enterprises refers to the income of en economic entity received during a certain period through the sale of goods manufactured by the economic entity or through the provision of industrial services. The sales of goods purchased for resale, by products, other ancillary services to third persons are included. Income from the sale of tangible fixed assets, financial and investment activity, windfall and the like are not included.

For more information, see the Database of Indicators.