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Industrial production in November 2018

Industrial production in November 2018

Last update: 16.01.2020
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Sectoral statistics
Domain: Industry
Publish Date: 10.01.2019

In November, industrial production increased, year-on-year, by 3,3 %. The development according to the sections of SK NACE Rev. 2 was affected by growth in manufacturing by 5,5 % and by drop in electricity, gas, steam and air-conditioning supply by 7,8 % and in mining and quarrying by 15,7 %.

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 20,5 %, manufacture of machinery and equipment n.e.c. by 19,6 %, manufacture of basic pharmaceutical products and pharmaceutical preparations by 50 %, manufacture of rubber and plastic products and other non-metallic mineral products by 2 % and manufacture of wood and paper products, printing by 3,9 %. The total production was affected mostly by decrease in electricity, gas, steam and air-conditioning supply by 7,8 %, manufacture of basic metal and fabricated metal products by 5,1 %, other manufacture, repair and installation of machinery and equipment by 10,5 %, manufacture of coke and refined petroleum products by 15,6 % and in manufacture of computer, electronic and optical products by 8,1 %.

Compared with November 2017, in terms of the main industrial groupings, production of investment goods rose by 17 % and production of non-durable consumer goods by 2,6 %. Production related to energy dropped by 9,9 %, production of durable consumer goods by 7,1 % and production of intermediate goods by 2,9 %.

After seasonal adjustment, industrial production decreased by 0,9 % in November 2018 compared with October 2018.

Since the beginning of the year, IP increased, year-on-year, by 4,7 %, of which in manufacturing by 6,7 %. Production decreased in mining and quarrying by 10,2 % and in electricity, gas, steam and air-conditioning supply by 7 %.

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 %, manufacture of machinery and equipment n.e.c. by 11,1 %, manufacture of basic metals and fabricated metal products except machinery and equipment by 2,2 %, manufacture of rubber and plastic products and other non-metallic mineral products by 2,1 % and in manufacture of electrical equipment by 3,9 %. Production was down mostly in electricity, gas, steam and air-conditioning supply by 7 %, manufacture of computer, electronic and optical products by 9,6 %, other manufacture, repair and installation of machinery and equipment by 6,7 %, in manufacture of coke and refined petroleum products by 7,1 % and in mining and quarrying by 10,2 %.

In terms of the main industrial groupings, production of investment goods increased by 16 %, production of non-durable consumer goods by 5 % and production of intermediate goods by 0,5 %. Production of durable consumer goods decreased by 8,9 % and production related to energy by 7,4 %.

Data revision:

Business Statistics Section at the SOSR decided to revise methodology  in the section manufacture of transport equipment, which is one of 13 special aggregates of the industrial branches.

Current calculation of  industrial production index within car manufacture is realized from expression of values, i.e. values in euro, compared with previous methodology based on natural units, i.e. number of pieces of produced cars. The reason of this change is to collect more exactly the real statement of car manufacture in the SR, in which the portfolio of produced cars towards car manufacture with higher added value of cars, i. e. cars with and higher engine capacity. Because the manufacture of transport equipment, especially cars, is an important item of industrial production of the SR, also of GDP in the country, also compliance between methodology and economic reality in the sector is monitored in detail.

For the first time, new methodology was take into consideration in results of industrial production in the month November 2018 (published 10th January 2019). Revision of data since 2008, which related mostly subsector manufacture of transport equipment and also to all cumulative data, to which this item is entering (manufacturing, industry as a whole), was also realized. 10th January 2019 it came to adjustment/revision of data in all types of outputs within industrial production:


    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 November 2018, compared with the same period in 2017, the number of working days was higher by one day and since the beginning of the year, it was higher by 4 days.
    p.p. percentage point

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    • Slovak Republic
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