Analytics, Industry, Lithuania, Markets and Companies
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Thursday, 18.04.2024, 15:58
Industrial production in Lithuania decreased by 1% in October
Print versionOver the month, seasonally and calendar adjusted, a decrease in production
was observed for manufacture of other transport equipment – 14% (unadjusted –
19.4%), motor vehicles, trailers and semi-trailers – 8.5% (unadjusted – 10.3%),
basic metals – 7.2% (unadjusted – 3.2%), refined petroleum products – 6.5%
(unadjusted – 10%), wood and wood products, except furniture – 4.3% (unadjusted
– 1.6%).
Table 1. Changes in industrial production, at constant prices of 2010, growth, drop, (−), %
|
Economic activities |
October 2017, against |
|||
|
September
2017, seasonally and calendar adjusted |
September 2017 |
October 2016, calendar adjusted |
October 2016 |
|
|
Industry (B–E) |
−1.0 |
2.2 |
3.6 |
6.7 |
|
Mining and
quarrying, manufacturing (B and C) |
−1.3 |
−0.4 |
4.1 |
7.6 |
|
Mining and quarrying (B) |
1.9 |
2.8 |
32.2 |
36.4 |
|
Manufacturing (C) |
−1.4 |
−0.5 |
3.8 |
7.3 |
|
Manufacturing (except for
the manufacture of refined petroleum products) (C excl. C19) |
0.2 |
2.4 |
4.8 |
7.4 |
|
Electricity,
gas, steam and air conditioning supply (D) |
2.1 |
44.1 |
−0.8 |
−1.9 |
|
Water supply,
sewerage, waste management and remediation activities (only Division
36 of Section E – water collection, treatment and supply) |
−0.6 |
0.1 |
2.3 |
2.8 |
|
Main industrial groupings |
|
|
|
|
|
Energy products |
−5.5 |
1.5 |
−0.5 |
4.1 |
|
Intermediate goods |
0.7 |
3.0 |
9.9 |
12.2 |
|
Capital goods |
−0.7 |
−3.6 |
12.9 |
13.6 |
|
Consumer durables |
−1.5 |
6.2 |
7.5 |
11.0 |
|
Consumer non-durables |
1.9 |
2.7 |
−3.8 |
−2.5 |
In January–October 2017, industrial production totalled EUR 16.8 billion at current prices, and against the same period of 2016, calendar adjusted, increased by 6.8% at constant prices (unadjusted – 7.1%).
Table 2. Changes in industrial production, at constant prices of 2010, growth, drop, (−), %
|
Economic activities |
January–October 2017, against |
|
|
January–October 2016, calendar
adjusted |
January–October 2016 |
|
|
Industry (B–E) |
6.8 |
7.1 |
|
Mining and
quarrying, manufacturing (B and C) |
7.0 |
7.5 |
|
Mining and quarrying (B) |
25.1 |
25.6 |
|
Manufacturing (C) |
6.8 |
7.3 |
|
Manufacturing (except for
the manufacture of refined petroleum products) (C excl. C19) |
6.2 |
6.6 |
|
Electricity,
gas, steam and air conditioning supply (D) |
4.7 |
2.9 |
|
Water supply,
sewerage, waste management and remediation activities (only Division
36 of Section E – water collection, treatment and supply) |
2.0 |
1.7 |
|
Main industrial groupings |
|
|
|
Energy products |
7.3 |
7.5 |
|
Intermediate goods |
9.4 |
10.0 |
|
Capital goods |
22.1 |
20.9 |
|
Consumer durables |
9.0 |
9.2 |
|
Consumer non-durables |
−3.9 |
−3.7 |
The proportion of sales of industrial production on the non-Lithuanian market remained unchanged and stood at 64.3, on the Lithuanian market – 35.7%. The value of sales to non-euro area countries accounted for more than half (53.4%) of the total value of sales on the non-Lithuanian market.
In January–October 2017, against the same period of 2016, the value of sales of the production of industrial enterprises on the non-Lithuanian market increased by 12.8% at current prices. The increase was determined by an increase in the sales of the production of the manufacture of refined petroleum products (28.9%), food products (7.8%), rubber and plastic products (12.4%). Refined petroleum products excluded, the value of sales on the non-Lithuanian market increased by 8.7% at current prices. The value of sales to euro area countries increased by 12.1, to non-euro area countries – 13.4% at current prices.
The value of sales of industrial production on the Lithuanian market increased by 12.7, refined petroleum products excluded – 10.5% at current prices.
Sales and services of industrial enterprises refers to income (VAT and excise excluded) received during a reference period through selling goods and (or) providing services by enterprises engaged in mining and quarrying, manufacturing (B and C sections according to EVRK Rev. 2).
Industrial production refers to the value (VAT and excise excluded) of the sales of goods manufactured or manufacturing work carried out by an enterprise (B_C_D_E sections according to EVRK Rev.2). For the calculation of changes in industrial production, a producer price index is used.
A news release on changes in industrial production in November 2017 is due on 21 December 2017.
More information is available in the Database of Indicators.
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