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Thursday, 25.04.2024, 11:14
In July, industrial production increased by 5.5% in Lithuania
Over the month, mining and quarrying and manufacturing production increased by 4.7%, seasonally adjusted – by 0.7%, manufacturing – 4.8%, seasonally adjusted – 0.7%.
Over the month, an increase in production was observed for the manufacture of basic pharmaceutical products and pharmaceutical preparations (45.9%), base metals (19.7%), refined petroleum products (18.2%), beverages (17.6%), other non-metallic mineral products (13.3%), wearing apparel (8.5%), paper and paper products (8.2%).
Mining and quarrying, manufacturing companies and the sales and service structure of the market in January-July. |
Mining and
quarrying – B
Manufacturing – C
In July 2014, against June, the largest decrease in production was observed for the manufacture of other transport equipment (40%), textiles (13.6%), repair and installation of machinery and equipment (7.9%), fabricated metal products, except machinery and equipment (3.7%).
Table 1. Changes in industrial production, at constant prices of 2010, growth, drop, (−), %
Economic activities |
July 2014, against |
||||
June |
June, seasonally adjusted |
July 2013 |
July 2013, working day adjusted |
2010 monthly average |
|
Industry (B–E) |
5.5 |
1.6 |
3.9 |
2.3 |
15.8 |
Mining and quarrying, manufacturing (B and C) |
4.7 |
0.7 |
4.0 |
2.3 |
28.0 |
Mining and quarrying (B) |
−0.7 |
−5.4 |
−5.7 |
−3.9 |
39.4 |
Manufacturing (C) |
4.8 |
0.7 |
4.1 |
2.4 |
27.9 |
Manufacturing (except for the manufacture of refined petroleum products) (C-C19) |
1.1 |
−1.2 |
9.6 |
8.6 |
44.6 |
Electricity, gas, steam and air conditioning supply (D) |
16.8 |
9.1 |
4.5 |
2.9 |
−49.3 |
Water supply, sewerage, waste management and remediation activities (only Division 36 of Section E – water collection, treatment and supply) |
3.6 |
0.8 |
−5.1 |
−5.0 |
−1.5 |
Main industrial groupings |
|
|
|
|
|
Energy products |
17.1 |
6.4 |
−7.5 |
−10.0 |
−22.1 |
Intermediate goods |
3.8 |
−0.5 |
10.2 |
9.2 |
42.0 |
Capital goods |
−9.6 |
−0.2 |
30.8 |
28.1 |
55.5 |
Consumer durables |
4.4 |
0.9 |
14.5 |
13.1 |
74.9 |
Consumer non-durables |
1.1 |
−3.9 |
2.1 |
1.6 |
38.0 |
In July 2014, against July 2013, industrial production increased by 3.9% at constant prices, working day adjusted – 2.3%. Over the year, mining and quarrying and manufacturing production increased by 4%, working day adjusted – by 2.3%, of which manufacturing production increased by 4.1%, working day adjusted – by 2.4%.
In January–July 2014, industrial production totalled LTL 38.8 billion at current prices; compared to the same period of 2013, it decreased by 1.4% at constant prices, working day adjusted – 0.8%. Over the said period, mining and quarrying and manufacturing production remained unchanged, working day adjusted – increased by 0.7%, of which manufacturing production decreased by 0.1%, working day adjusted – increased by 0.6%.
Table 2. Changes in industrial production, at constant prices of 2010, growth, drop, (−), %
Economic activities |
January–July 2014, against |
|
January–July 2013 |
January–July 2013, working day adjusted |
|
Industry (B–E) |
−1.4 |
−0.8 |
Mining and quarrying, manufacturing (B and C) |
0.0 |
0.7 |
Mining and quarrying (B) |
9.4 |
8.9 |
Manufacturing (C) |
−0.1 |
0.6 |
Manufacturing (except for the manufacture of refined petroleum products) (C−C19) |
9.1 |
9.4 |
Electricity, gas, steam and air conditioning supply (D) |
−12.3 |
−12.4 |
Water supply, sewerage, waste management and remediation activities (only Division 36 of Section E – water collection, treatment and supply) |
−0.5 |
−0.7 |
Main industrial groupings |
|
|
Energy products |
−19.8 |
−18.2 |
Intermediate goods |
8.8 |
9.1 |
Capital goods |
9.4 |
9.8 |
Consumer durables |
16.1 |
16.6 |
Consumer non-durables |
7.3 |
7.2 |
In January–July 2014, compared to January–July 2013, the proportion of mining and quarrying and manufacturing sales and services on the non-Lithuanian market dropped by 3.5 percentage points and made up 63.9%, on the Lithuanian market – grew by 3.5 percentage points and made up 36.1%.
In January–July 2014, compared to January–July 2013, the value of sales and services of industrial enterprises on the non-Lithuanian market dropped by 9% at current prices. It was influenced by a decrease in sales of refined petroleum products (by 32.3%), chemicals and chemical products (by 10.5%). The value of sales and services on the non-Lithuanian market, refined petroleum products excluded, increased by 4.5% 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 (27.3%), motor vehicles, trailer and semi-trailers (26.8%), fabricated metal products, except machinery and equipment (24.6%), furniture (16%).
Over the period in question, the value of mining and quarrying and manufacturing sales and services on the Lithuanian market grew by 6.3% at current prices, refined petroleum products excluded – by 8.2%.
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.