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Industrial production in March 2019

Industrial production in March 2019

Last update: 10.08.2019
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Sectoral statistics
Domain: Industry
Publish Date: 10.05.2019

In March 2019, industrial production increased, year-on-year, by 7,3 %. The development according to the sections of SK NACE Rev. 2 was affected by growth in electricity, gas, steam and air-conditioning supply by 13,1 % and in manufacturing by 7 % and by a drop in mining and quarrying by 13,2 %.

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 13,6 %, manufacture of machinery and equipment n.e.c. by 24,1 %, electricity, gas, steam and air-conditioning supply by 13,1 %, manufacture of coke and refined petroleum products by 59,5 % and manufacture of electrical equipment by 8,9 %. The total production was affected by a drop in manufacture of metal and fabricated metal products except machinery and equipment by 9,5 %, manufacture of textiles, apparel, leather and leather products by 17,6 %, manufacture of rubber and plastic products and other non-metallic mineral products by 2,4 %, mining and quarrying by 13,2 % and in manufacture of basic pharmaceutical products and pharmaceutical preparations by 0,3 %.

Compared with March 2018, in terms of the main industrial groupings, production relating to energy rose by 17,6 %, production of investment goods by 15,4 % and production of durable consumer goods by 3,6 %. Production of intermediate goods dropped by 3,9 % and production of  non-durable consumer goods by 0,2 %.

After seasonal adjustment, industrial production increased by 1,2 % in March 2019 compared with February 2019.

Since the beginning of the year, IP increased, year-on-year, by 6,7 %, of which in manufacturing by 6,8 % and in electricity, gas, steam and air-conditioning supply by 7,7 %. Production decreased in mining and quarrying by 4,3 %.

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 20,4 %, manufacture of machinery and equipment n.e.c. by 24,1 %, electricity, gas, steam and air-conditioning supply by 7,7 %, manufacture of electrical equipment by 9,7 % and in manufacture of coke and refined petroleum products by 13,5 %. Production decreased mostly in manufacture of metal and fabricated metal products except machinery and equipment by 9,3 %, manufacture of rubber and plastic products and other non-metallic mineral products by 4,4 %, manufacture of textiles, apparel, leather and leather products by 15,7 %, manufacture of chemicals and chemical products by 6,3 % and in mining and quarrying by 4,3 %.

In terms of the main industrial groupings, production of investment goods increased by 18,9 %, production relating to energy by 8,7 % and production of non-durable consumer goods by 1,3 %.  Production of intermediate goods dropped by 4,8 % and production of durable consumer goods by 2,2 %.


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 March 2019, compared with the same period in 2018 and also from the beginning of the year, the number of working days was coincident.
p.p. percentage point

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