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Industrial production in July 2019

Industrial production in July 2019

Last update: 10.09.2019
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Publisher: Headquarters Bratislava
Topic: Sectoral statistics
Domain: Industry
Publish Date: 10.09.2019

In July, industrial production increased by 2,8 %, year-on-year. The development according to the sections of SK NACE Rev. 2 was affected by a rise in mining and quarrying by 14 %, manufacturing by 2,7 % and in electricity, gas, steam and air-conditioning supply by 1,4 %.

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 electrical equipment by 36,8 %, manufacture of machinery and equipment n.e.c. by 19,3 %, manufacture of rubber and plastic products and other non-metallic mineral products by 10,7 %, other manufacture, repair and installation of machinery and equipment by 26,9 % and manufacture of food, beverages and tobacco products by 11,4 %. The total production was affected mostly by a decrease in manufacture of metal and fabricated metal products except machinery and equipment by 14,7 %, manufacture of transport equipment by 5,8 %, manufacture of coke and refined petroleum products by 35,4 %, manufacture of wood and paper products, printing by 1,5 % and manufacture of computer, electronic and optical products by 1,4 %.

Compared with July 2018, in terms of the main industrial groupings, production of intermediate goods and production of non-durable consumer goods increased equally by 5,8 % and production of investment goods by 3,2 %. Production relating to energy decreased by 6,4 % and production of durable consumer goods by 1,8 %.

After seasonal adjustment, industrial production increased by 0,7 % in July 2019 compared with June 2019.

Since the beginning of the year, IP increased, year-on-year, by 4,6 %, of which in electricity, gas, steam and air-conditioning supply by 9,5 %, in manufacturing by 4 % and in mining and quarrying by 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 9,9 %, manufacture of machinery and equipment n.e.c. by 20 %, manufacture of electrical equipment by 22,1 %, electricity, gas, steam and air-conditioning supply by 9,5 %, and in other manufacture, repair and installation of machinery and equipment by 9,7 %. Production decreased mostly in manufacture of metal and fabricated metal products except machinery and equipment by 10,2 %, manufacture of coke and refined petroleum products by 17,3 %, manufacture of rubber and plastic products and other non-metallic mineral products by 3,4 %, manufacture of textiles, apparel, leather and related products by 12,9 % and in manufacture of chemicals and chemical products by 8,5 %.

In terms of the main industrial groupings, production of investment goods increased by 12,3 %, production relating to energy by 4,1 % and production of non-durable consumer goods by 2,2 %.  Production of durable consumer goods dropped by 4,5 % and production of intermediate goods by 1,9 %.


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 July 2019, compared with the corresponding period in 2018, the number of working days was higher by one day, from the beginning of the year, it was coincident.
p.p. percentage point

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