Industrial production up slightly in November

Take note – story published 2 years ago

Data published by the Central Statistical Bureau (CSB) January 3 show that, compared to November 2020, in November 2021, industrial production output (according to calendar adjusted data at constant prices) rose by 1.1 %. 

The figure was affected by an output increase in manufacturing (of 1.9 %), mining and quarrying (2.3 %), while a decrease was registered in electricity and gas supply (4.7 %).

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Compared to the same month last year, industrial production increased by 33.7% in manufacture of motor vehicles, trailers and semi-trailers, 30% in manufacture of chemicals and chemical products, 24.1% in manufacture of beverages and 16.4% in manufacture of furniture.

Output increase was registered also in two out of the three sectors having the largest share in manufacturing: manufacture of food products and manufacture of fabricated metal products, except machinery and equipment (0.5 % and 13.8 % respectively).

In turn, the largest decreases in output were recorded in the manufacture of wood and of products of wood and cork, down by 10.2 %, in the manufacture of electrical equipment by 6.5 % and in the manufacture of paper and paper products by 5.6%.

In November 2021, compared to October 2021, production output, according to seasonally adjusted data at constant prices, increased by 0.3 %.

Compared to November 2020, in November 2021, manufacturing turnover, according to calendar adjusted data at current prices rose by 21.2 %. Turnover in the domestic market increased by 12.6 % and export turnover – by 25.5 % (of which by 27.6 % in euro area and by 23.7 % in non-euro area).

Compared to October 2021, in November 2021 manufacturing turnover, according to seasonally adjusted data rose by 2.2 %. Turnover in the domestic market increased by 0.3 % and export turnover – by 3.1% of which by 10.1 % in euro area and decreased by 2 % in non-euro area).

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