In May 2019, industrial production increased, year-on-year, by 4,7 %. The development according to the sections of SK NACE Rev. 2 was affected by growth in electricity, gas, steam and air-conditioning supply by 23,3 %, in mining and quarrying by 8,6 %, and in manufacturing by 2,7 %.
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 10,4 %, electricity, gas, steam and air-conditioning supply by 23,3 %, manufacture of electrical equipment by 37,2 %, manufacture of machinery and equipment n.e.c. by 16,7 % % and other manufacture, repair and installation of machinery and equipment by 14,4 %. The total production was affected mostly by a decrease in manufacture of coke and refined petroleum products by 61 %, manufacture of metal and fabricated metal products except machinery and equipment by 8,4 %, manufacture of rubber and plastic products and other non-metallic mineral products by 5,7 %, manufacture of textiles, apparel, leather and related products by 15,2 % and in manufacture of computer, electronic and optical products by 8,5 %.
Compared with May 2018, in terms of the main industrial groupings, production of investment goods rose by 12,7 %, production relating to energy by 2,3 % and production of intermediate goods by 0,1 %. Production of non-durable consumer goods dropped by 12,2 % and production of durable consumer goods by 1,6 %.
After seasonal adjustment, industrial production increased by 0,2 % in May 2019 compared with April 2019.
Since the beginning of the year, IP increased, year-on-year, by 6,4 %, of which in electricity, gas, steam and air-conditioning supply by 10,1 % and in manufacturing by 6 %. Production decreased in mining and quarrying by 0,7 %.
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 16,6 %, manufacture of machinery and equipment n.e.c. by 21,6 %, electricity, gas, steam and air-conditioning supply by 10,1 %, manufacture of electrical equipment by 18,6 % and in manufacture of food, beverages and tobacco products by 7,8 %. Production decreased mostly in manufacture of metal and fabricated metal products except machinery and equipment by 9,6 %, manufacture of rubber and plastic products and other non-metallic mineral products by 4 %, manufacture of textiles, apparel, leather and related products by 15,6 %, manufacture of coke and refined petroleum products by 5,8 % and in manufacture of chemicals and chemical products by 5,1 %.
In terms of the main industrial groupings, production of investment goods increased by 16,7 %, production relating to energy by 7 % and production of non-durable consumer goods by 2,1 %. Production of non-durable consumer goods dropped by 4,4 % and production of intermediate goods by 2,7 %.
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 May 2019, compared with the corresponding period in 2018 and also from the beginning of the year, the number of working days was coincident.
p.p. percentage point