Official statistics portal
CSB
Official statistics of Latvia
Official Statistics Portal of Latvia
Press release

Manufacturing production output increased by 5.8 % in September

Data compiled by the Central Statistical Bureau (CSB) show that, compared to September 2020, in September 2021 industrial production output1 increased by 5.8 % according to calendar adjusted data at constant prices. It was affected by production output increase, registered in manufacturing - by 6.7 % – in electricity and gas supply – by 0.7 %, while there was a slight decrease in mining and quarrying - by 1.1 %.

Compared to September of the previous year, a significant increase in manufacturing production output was in such high and medium high technology sectors as chemicals and chemical products - by 39.2 %, in the manufacture of machinery and equipment n.e.c - by 33.3 %, manufacture of motor vehicles, trailers and semi-trailers - by 28.8 % and in manufacture of other transport equipment. Production output also increased significantly in the manufacture of furniture - by 29.6 %, the manufacture of beverages - by 15 % and in the manufacture of wearing apparel - by 13.6 %. Output also increased in the manufacture of all largest manufacturing industries: in the manufacture of wood and of products of wood and cork (increase by 1.7 %), in the manufacture of food products (by 0.2 %) and in manufacture of fabricated metal products, except machinery and equipment (by 3.7 %).

In turn, the decrease in output production was in the manufacture of other non-metallic mineral products - by 4.4 % and in the manufacture of computer, electronic and optical products.

In September 2021, compared to August 2021, manufacturing production output according to seasonally adjusted data at constant prices increased by 1.5 %, including in electricity and gas supply by 38.6%, but the decrease was in mining and quarrying - by 4.7 %. In turn, manufacturing output remained at the level of the previous month.

Changes in industrial production output

(as per cent, at constant prices)

 

January–September 2021

compared to

January–September 2020

 (calendar adjusted)

in the 3rd quarter of 2021

compared to

September 2021

compared to

2nd quarter

of 2021

 (seasonally adjusted)

3rd quarter

of 2020

(calendar adjusted)

August 2021

(seasonally adjusted)

September 2020

(calendar adjusted)

Total industrial production

7.6

0.3

6.3

1.5

5.8

Mining and quarrying

6.6

1.3

8.1

-4.7

-1.1

Manufacturing

8.6

0.9

7.9

0.0

6.7

Manufacture of food products

-0.9

0.8

0.1

-0.3

0.2

Manufacture of beverages

8.4

7.7

15.1

0.3

15.0

Manufacture of textiles

6.1

-0.9

4.2

-1.3

6.3

Manufacture of wearing apparel

19.8

9.4

17.5

-1.1

13.6

Manufacture of wood and of products of wood and cork, except furniture

8.1

-1.8

4.6

-4.4

1.7

Manufacture of paper and paper products

3.0

-1.2

1.8

21.3

10.0

Printing and reproduction of recorded media

15.4

-6.6

13.1

-3.3

10.3

Manufacture of chemicals and chemical products

21.1

-1.0

37.2

-0.9

39.2

Manufacture of other non-metallic mineral products

3.2

-5.5

-0.4

-0.5

-4.4

Manufacture of fabricated metal products, except machinery and equipment

8.2

-0.9

9.0

5.3

3.7

Manufacture of electrical equipment

6.8

0.5

7.4

1.2

9.0

Manufacture of machinery and equipment

21.9

5.5

20.5

12.3

33.3

Manufacture of motor vehicles, trailers and semi-trailers

36.0

9.1

34.2

0.4

28.8

Manufacture of furniture

27.4

1.5

23.9

2.3

29.6

Repair and installation of machinery and equipment*

-9.8

3.3

-1.2

5.1

7.1

Electricity and gas supply

2.5

-11.4

-7.6

38.6

0.7

* Repair and maintenance of ships and boats, repair and maintenance of all kinds of equipment and devices, installation of industrial machinery and equipment

Manufacturing turnover2

Compared to September 2020, in September 2021 manufacturing turnover, according to calendar adjusted data at current prices, increased by 29,5 %. Turnover increased by 23 % in the domestic market and by 32.9 % in exports (including 29.4 % in the euro area and by 35.5 % in non-euro area).

In September 2021, compared to August 2021, manufacturing turnover, according to seasonally adjusted data at current prices, increased by 0,3 %. Turnover increased by 2.3 % in the domestic market and decreased by 0.6 % in exports (it decreased by 3.3 % in the non-euro area and increased by 3.3 % in euro area).

More information on seasonally adjusted, calendar adjusted and non-adjusted industrial production output and turnover indices, of which by sectors, is available on the Official Statistics Portal, in the section „Industry”.

Methodological explanations

1 Industrial production is calculated by summing the self-produced products sold and industrial services provided in a given month with the changes in stocks of finished products and work in progress. The industrial production volume index (IPI) describes changes in the volume of industrial production during the reference period in comparison to the base period. IPI is estimated by recalculating the production output indicator at constant prices with the help of producer price indices.

2 Industrial turnover is the self-produced products sold and industrial services provided in a given month. The 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.

Media requests:
Communication Section
E-mail: media@csp.gov.lv
Phone.: +371 67366989, +371 27880666

More information on data:
Madara Liepiņa
Industrial and Construction Statistics Section
E-mail: Madara.Liepina@csp.gov.lv
Phone.: +371 67366953

Share