In December 2018, industrial production (IP) increased, year-on-year, by 3,1 %. The development according to the sections of SK NACE Rev. 2 was affected by growth in manufacturing by 4,1 % and by a decrease in electricity, gas, steam and air-conditioning supply by 1 % and in mining and quarrying by 3,9 %.
In terms of the specific groupings of the industrial sectors, which contributed most to the total production increase, the most significant growth was recorded in manufacture of transport equipment by 26,4 %, manufacture of basic pharmaceutical products and pharmaceutical preparations by 73,2 %, manufacture of rubber and plastic products and other non-metallic mineral products by 3,6 %, manufacture of food, beverages and tobacco products by 4,7 % and in manufacture of coke and refined petroleum products by 1,6 %. The total production was affected mostly by a decrease in manufacture of basic metal and fabricated metal products except machinery and equipment by 10,5 %, manufacture of computer, electronic and optical products by 11,6 %, manufacture of electrical equipment by 8,4 %, manufacture of chemicals and chemical products by 15,7 % and in manufacture of textiles, apparel, leather and related products by 10,7 %.
Compared with December 2017, in terms of the main industrial groupings, production of investment goods rose by 15,6 % and the production of non-durable consumer goods by 6 %. Production of durable goods dropped by 12,1 %, production of intermediate goods by 6,3 % and production related to energy by 0,6 %.
After seasonal adjustment, industrial production decreased by 0,9 % in December 2018 compared with November 2018.
Since the beginning of the year, IP increased, year-on-year, by 4,5 %, of which in manufacturing by 6,5 %. Production decreased in mining and quarrying by 9,8 % and in electricity, gas, steam and air-conditioning supply by 6,5 %.
In terms of the specific groupings of the industrial sectors, which contributed most to the total production growth, the most significant increase was recorded in manufacture of transport equipment by 21,4 %, manufacture of machinery and equipment n.e.c. by 10,1 %, manufacture of rubber and plastic products and other non-metallic mineral products by 2,2 %, manufacture of food, beverages and tobacco products by 4,3 % and in manufacture of basic pharmaceutical products and pharmaceutical preparations by 22,9 %. Production decreased mostly in electricity, gas, steam and air-conditioning supply by 6,5 %, manufacture of computer, electronic and optical products by 9,7 %, other manufacture , repair and installation of machinery and equipment by 6,3 %, mining and quarrying by 9,8 % and in manufacture of coke and refined petroleum products by 6,4 %.
In terms of the main industrial groupings, production of investment goods increased by 15,9 %, production of non-durable consumer goods by 5,1 %. Production of intermediate goods remained unchanged. Production of durable consumer goods decreased by 9,1 % and production related to energy by 6,8 %.
Note: preliminary data; industrial production represents volume production changes in its natural expression. Data are adjusted from the influence of the number of working days by program JDEMETRA+ and during processing of every month they are back-casted from the beginning of the time series. In December 2018, compared with the same period in 2017, the number of working days was lower by one day and since the beginning of the year, it was higher by 3 days.
p.p. percentage point