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Friday, 29.03.2024, 10:03
In August, industrial production in Lithuania grew by 3.2%
Over the month, seasonally and calendar adjusted, an increase in production was observed for manufacture of basic pharmaceutical products and pharmaceutical preparations – 4.6 times (unadjusted – 3.6 times), motor vehicles, trailers and semi-trailers – 27.9% (unadjusted – 90.9%), chemicals and chemical products – 9.7% (unadjusted – 3.5%), electrical equipment – 4.5% (unadjusted – 14.7%), refined petroleum products – 4% (unadjusted – 3.6%).
Table 1. Changes in industrial production, at constant prices of 2010, growth, drop, (−), %
Economic activities |
August 2017, against |
|||
July 2017, seasonally and calendar adjusted |
July 2017 |
August 2016, calendar adjusted |
August 2016 |
|
Industry (B–E) |
3.2 |
8.2 |
13.1 |
12.5 |
Mining and quarrying, manufacturing (B and C) |
3.0 |
8.0 |
13.4 |
12.6 |
Mining and
quarrying (B) |
6.2 |
14.2 |
51.6 |
53.9 |
Manufacturing (C) |
3.0 |
7.9 |
13.0 |
12.3 |
Manufacturing (except for the manufacture of refined
petroleum products) (C excl. C19) |
2.8 |
9.4 |
10.6 |
10.4 |
Electricity, gas, steam and air conditioning
supply (D) |
4.7 |
12.1 |
11.0 |
11.9 |
Water supply, sewerage, waste management and
remediation activities (only Division 36 of Section E – water collection, treatment and supply) |
1.3 |
4.8 |
0.0 |
0.1 |
Main industrial groupings |
|
|
|
|
Energy products |
3.4 |
5.5 |
19.8 |
17.5 |
Intermediate goods |
3.6 |
6.9 |
14.8 |
14.9 |
Capital goods |
5.6 |
9.3 |
26.1 |
27.6 |
Consumer durables |
−1.0 |
15.2 |
4.6 |
4.1 |
Consumer non-durables |
4.7 |
10.5 |
2.1 |
2.2 |
In January–August 2017, industrial production totalled EUR 13.2 billion at current prices, and against the same period of 2016, calendar adjusted, increased by 7% at constant prices (unadjusted – 7.3%).
Table 2. Changes in industrial production, at constant prices of 2010, growth, drop, (−), %
Economic activities |
January–August 2017, against |
|
January–August 2016, calendar adjusted |
January–August 2016 |
|
Industry (B–E) |
7.0 |
7.3 |
Mining and quarrying, manufacturing (B and C) |
7.2 |
7.8 |
Mining and
quarrying (B) |
24.0 |
24.9 |
Manufacturing (C) |
7.1 |
7.6 |
Manufacturing (except for
the manufacture of refined petroleum products) (C excl. C19) |
6.7 |
7.2 |
Electricity,
gas, steam and air conditioning supply (D) |
5.4 |
3.3 |
Water
supply, sewerage, waste management and remediation activities (only Division
36 of Section E – water collection, treatment and supply) |
1.0 |
0.6 |
Main industrial groupings |
|
|
Energy products |
7.0 |
7.1 |
Intermediate goods |
9.1 |
9.9 |
Capital goods |
26.1 |
24.7 |
Consumer durables |
8.6 |
8.6 |
Consumer non-durables |
−3.0 |
−2.7 |
The proportion of sales of industrial production on the non-Lithuanian market increased by 0.3 percentage points and stood at 64.5%, on the Lithuanian market – decreased by 0.3 percentage points and stood 35.5%. The value of sales to non-euro area countries accounted for more than half (53.5%) of the total value of sales on the non-Lithuanian market.
In January–August 2017, against the same period of 2016, the value of sales of the production of industrial enterprises on the non-Lithuanian market increased by 14.1% at current prices. The increase was determined by an increase in the sales of the production of the manufacture of refined petroleum products (31.7%), food products (10.6%), fabricated metal products, except machinery and equipment (36.5%). Refined petroleum products excluded, the value of sales on the non-Lithuanian market increased by 9.7% at current prices. The value of sales to euro area countries increased by 12.5, to non-euro area countries – 15.5% at current prices.
The value of sales of industrial production on the Lithuanian market increased by 12.8, refined petroleum products excluded – 10.3% at current prices.
Concepts
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.
More information is available in the Database of Indicators.