RRUI2311
In September industrial production output reduced by 2.7 %
Central Statistical Bureau calendar adjusted data at constant prices show that, compared to September 2022, in September 2023 industrial production output1 reduced by 2.7 %. Output in mining and quarrying fell by 20.9 %, in manufacturing by 4.6 %, while in electricity and gas supply rose by 18.3 %.
Output downturn was observed in the sector having the largest share in manufacturing – manufacture of wood and of products of wood and cork, except furniture (of 6.2 %). Output reduction was also recorded in printing and reproduction of recorded media (28.0 %), manufacture of other non-metallic mineral products (17.3 %), manufacture of motor vehicles, trailers and semi-trailers (parts and accessories for motor vehicles) (17.0 %), manufacture of paper and paper products (11.1 %), manufacture of beverages (10.9 %), as well as manufacture of chemicals and chemical products (6.7 %).
Industrial production output upturn was registered in two out of three sectors having the largest share in manufacturing – manufacture of food products and manufacture of fabricated metal products, except machinery and equipment (of 6.0 % and 3.0 %, respectively). Output increase was also registered in repair and installation of machinery and equipment (38.5 %), manufacture of electrical equipment (6.1 %), manufacture of computer, electronic and optical products (1.2 %), as well as manufacture of machinery and equipment (1.1 %).
Compared to August 2023, in September 2023 industrial production output rose by 0.5 % (seasonally adjusted data at constant prices). Output in mining and quarrying increased by 6.1 %, in electricity and gas supply by 3.8 %, while in manufacturing reduced by 0.4 %.
Change in industrial production output
(per cent, at constant prices)
| Jan.–Sept. 2023 compared to Jan.–Sept. 2022 (calendar adjusted) | Q3 2023 compared to | Sept. 2023 compared to | ||
Q2 2023 (seasonally adjusted) | Q3 2022 (calendar adjusted) | Aug. 2023 (seasonally adjusted) | Sept. 2022 (calendar adjusted) | ||
All production | -6.0 | -1.2 | -5.3 | 0.5 | -2.7 |
Mining and quarrying | -20.6 | -5.8 | -23.5 | 6.1 | -20.9 |
Manufacturing | -5.7 | -0.9 | -4.7 | -0.4 | -4.6 |
Manufacture of food products | 3.5 | 0.2 | 3.4 | 1.9 | 6.0 |
Manufacture of beverages | -3.2 | -6.4 | -12.0 | 4.2 | -10.9 |
Manufacture of textiles | -8.2 | -7.8 | -18.1 | 2.8 | -12.3 |
Manufacture of wearing apparel | -4.1 | -5.9 | -10.4 | -9.3 | -18.7 |
Manufacture of wood and of products of wood and cork, except furniture | -9.9 | -0.6 | -4.7 | 2.3 | -6.2 |
Manufacture of paper and paper products | -9.2 | -10.0 | -2.7 | -6.3 | -11.1 |
Printing and reproduction of recorded media | -30.8 | -7.5 | -29.1 | -0.4 | -28.0 |
Manufacture of chemicals and chemical products | -6.6 | -2.2 | 4.7 | -8.0 | -6.7 |
Manufacture of other non-metallic mineral products | -18.5 | -0.7 | -17.1 | -0.9 | -17.3 |
Manufacture of fabricated metal products, except machinery and equipment | -7.1 | -2.2 | -4.2 | 0.2 | 3.0 |
Manufacture of computer, electronic and optical products | 26.4 | -5.3 | 10.9 | -0.2 | 1.2 |
Manufacture of electrical equipment | 9.3 | -0.6 | 3.4 | 3.6 | 6.1 |
Manufacture of machinery and equipment | 4.0 | -15.9 | 2.7 | -1.7 | 1.1 |
Manufacture of motor vehicles, trailers and semi-trailers | -10.8 | -14.2 | -15.9 | 6.4 | -17.0 |
Manufacture of furniture | -19.4 | -7.6 | -25.3 | 2.2 | -26.1 |
Repair and installation of machinery and equipment* | 36.8 | -16.0 | 12.9 | 18.0 | 38.5 |
Electricity and gas supply | -3.9 | -9.6 | -1.5 | 3.8 | 18.3 |
* Repair and maintenance of ships and boats, repair of fabricated metal products, machinery and equipment, installation of industrial machinery and equipment.
Manufacturing turnover2
Compared to September 2022, in September 2023 manufacturing turnover reduced by 7.3 % (calendar adjusted data at current prices). Turnover on domestic market went down by 8.0 % and on non-domestic market by 6.9 % (of which by 10.7 % in euro area and by 3.5 % in non-euro area).
Compared to August 2023, in September 2023 manufacturing turnover rose by 0.3 % (seasonally adjusted data). Turnover on the domestic market increased by 0.5 % and on non-domestic market by 0.2 % (of which drop of 5.2 % in euro area and increase of 5.0 % in non-euro area).
The data published may be specified during the upcoming months if additional information is received.
Methodological information
1 Industrial production output is calculated by summing the self-produced products sold and industrial services provided during the respective month with the change in stocks of finished products and work in progress. The 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.
2 Industrial turnover covers the self-produced products sold and industrial services provided during the respective month. Industrial turnover index characterises monthly changes in demand for industrial goods and services on the market 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.
Media requests:
Communication Section
E-mail: media@csp.gov.lv
Phone: +371 27880666
More information on data:
Uga Puikevics
Industrial and Construction Statistics Section
E-mail: Uga.Puikevics@csp.gov.lv
Phone: +371 67366954
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