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Compared to the corresponding month of the previous year, the most notable output increase was recorded in high- and medium-high-tech industries: manufacture of machinery and equipment (of 43.7%), manufacture of motor vehicles, trailers and semi-trailers (41.3%), manufacture of chemicals and chemical products (39.2%), manufacture of electrical equipment (23.6%), and manufacture of computer, electronic and optical products (20.9%). Significant industrial output rise was observed also in manufacture of food products (of 10.1%) and manufacture of fabricated metal products, except machinery and equipment (13.5%).

Reduction, in turn, was registered only in three manufacturing sectors: manufacture of wood and of products of wood (of 0.5%), manufacture of textiles (2.9%), and repair and installation of machinery and equipment (24.5%).

Compared to May 2017, in June 2017 industrial production output dropped by 0.4% (according to seasonally adjusted data at constant prices), of which by 3.3% in mining and quarrying and by 4.2% in electricity and gas supply, whereas in manufacturing there was an increase of 0.7%.

Changes in industrial production output, % (at constant prices)

Manufacturing turnover²

Compared to June 2016, in June 2017 manufacturing turnover increased by 11.7% (according to calendar adjusted data at current prices).Turnover on the domestic market grew by 7.5% and in export by 16.6% (rise of 21.1% in euro area and of 13.2% in non-euro area).

Compared to May 2017, in June 2017 manufacturing turnover declined by 0.2% (according to seasonally adjusted data), of which turnover on the domestic market dropped by 1.1% and in export there was an increase of 0.8% (rise of 0.9% in euro area and decrease of 2% in non-euro area).

More information on seasonally adjusted, calendar adjusted and non-adjusted industrial production volume and turnover indices (including by sector) is available in the CSB database section Industry.

Methodological explanations

¹The volume index of industrial production describes changes in the volume of industrial production during the reference period in comparison to the base period. The index is estimated by recalculating the production output indicator at constant prices with the help of producer price indices.

²The industrial turnover index measures the monthly development of market demand for industrial goods and services. It is calculated at current prices without excluding price influence. Unlike industrial goods that also include unfinished goods and goods in stock, turnover only includes the goods sold and industrial services provided.