In March the industrial production grew compared to the previous year
In March the production in manufacturing increased by 5% compared to the same month of the previous year. Among the branches of industry holding larger shares, the production grew also in the manufacture of chemical and metal products, building materials and machinery and equipment. The volume of production fell in the manufacture of food products, electrical equipment and furniture.
In March, 73% of the whole production of manufacturing was sold on the external market. According to unadjusted data, the export sales of the manufacturing production grew 2% compared to March 2012, domestic sales decreased 2%.
In March 2013 compared to February, the seasonally adjusted total industrial production increased 4%, the production in manufacturing grew 2%.
Compared to March 2012, the production of electricity increased by 34% and the production of heat by 15%. The growth of electricity production was mainly caused by the increase in exports compared to March of the previous year.
The volume index and trend of production in manufacturing, January 2004 – March 2013 (2010 = 100)
| Economic activity | Change compared to the previous month according to seasonally adjusted dataa | Change compared to the corresponding month of the previous year | |
|---|---|---|---|
| according to unadjusted data | according to working-day adjusted datab | ||
| TOTAL | 3.9 | 2.0 | 7.1 |
| Energy production | 14.5 | 26.6 | 29.9 |
| Mining | 2.6 | -5.2 | -1.8 |
| Manufacturing | 2.0 | -0.6 | 5.0 |
| manufacture of computer, electronic and optical products | 0.1 | 9.5 | 16.2 |
| manufacture of wood and wood products | -1.9 | -4.4 | 0.0 |
| manufacture of food products | -0.7 | -4.1 | -1.0 |
| manufacture of fabricated metal products | -2.8 | -5.2 | 1.5 |
| manufacture of electrical equipment | 6.0 | -13.3 | -6.9 |
| manufacture of chemicals and chemical products | -4.9 | 21.9 | 29.3 |
| manufacture of furniture | 0.7 | -11.3 | -4.7 |
| manufacture of motor vehicles | -8.4 | -10.1 | -5.3 |
| manufacture of building materials | -7.9 | 4.8 | 10.0 |
| manufacture of machinery and equipment | 20.4 | 0.5 | 7.8 |
a In case of the seasonally adjusted volume index of industrial production, the impact of the differing number of working days in a month and seasonally recurring factors have been eliminated. It is calculated only in comparison with the previous period.
b In case of the working-day adjusted volume index of industrial production, the impact of the differing number of working days in a month has been eliminated. It is calculated only in comparison with the corresponding period of the previous year.