Industry - June 2023
Growth rate of industrial production
Industrial production increased in real terms by 0.9%, year-on-year (y-o-y), in June. In the month-on-month (m-o-m) comparison, it was by 0.9% higher. The value of new orders decreased by 5.8%, y-o-y.
Industrial production in June 2023 was in real terms by 0.9% higher, m-o-m. In the year-on-year comparison, it increased by 0.9%. “The growth rate of industrial production has been gradually decreasing. Even an increase in production of motor vehicles and their components did not outweigh a decreasing trend in many other economic activities of industry, for example, in mining and quarrying and in manufacture of basic metals,” Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department of the Czech Statistical Office (CZSO), says. As in the previous months, production decreased, year-on-year, in majority of economic activities of industry. A double-digit decline in production, year-on-year, was recorded in mining and quarrying (mainly of brown coal) and in electricity, gas, steam and air conditioning supply (mainly brown coal power plants), further in printing and reproduction of recorded media, manufacture of other non-metallic mineral products, manufacture of furniture, and in manufacture of basic metals. Contrarily, manufacture of other transport equipment recorded a considerable year-on-year increase thanks to completions of long-term orders.
The value of new orders at current prices in surveyed industrial CZ-NACE activities decreased by 5.8%, y-o-y, in June 2023. Non-domestic new orders decreased by 7.6%, y-o-y; domestic new orders dropped by 1.9%. The value of new orders in industry increased by 2%, month-on-month. “The year-on-year decrease was mainly influenced by a higher comparison basis of last year in manufacture of motor vehicles, trailers and semi-trailers. The value of new orders also continued to decrease in manufacture of basic metals, metal-working industry, and chemical industry,” Iveta Danišová from the Industrial Statistics Unit of the CZSO, says. New orders only increased, compared to June 2022, in manufacture of machinery and equipment, manufacture of basic pharmaceutical products and pharmaceutical preparations, manufacture of electrical equipment, and in manufacture of other transport equipment.
The average registered number of employees in industry decreased by 1.9%, y-o-y, in June 2023; their average gross monthly nominal wage increased by 9.1%, y-o-y.
According to data released by Eurostat, industrial production in the EU27 decreased by 1.8%, year-on-year, in May 2023. The biggest y-o-y decrease was recorded by Ireland (by 16.2%) and Estonia (by 12.8%). Slovak industry dropped by 4.9%. On the other hand, industry of Malta increased the most (by 12.2%). Czech industry increased by 1.4%, performance of German industry increased by 0.9%.
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For more detailed information on the development of industrial production in the first half-year of 2023 see the Supplementary information to the News Release on Industry.
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Notes:
June 2023 had the same number of working days as June 2022.
The year-on-year development of all indicators is published after having been adjusted for the influence of the number of working days. Month-on-month or quarter-on-quarter rates have also been seasonally adjusted. Contributions to an increase or to a decrease have been calculated from data that had been adjusted for working days.
Methodology: https://www.czso.cz/csu/czso/pru_m
Responsible head at the CZSO: Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department,
Contact person: Iveta Danišová, Industrial Statistics Unit,
Method of data acquisition: direct survey of the CZSO (Prům 1–12)
End of data collection: 31 July 2023
Related outputs: time series in the Public database, the Industry chapter
international comparison in EU countries: Eurostat
Next news release will be published on: 6 September 2023
Attachments
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Annexes:
- year 2024 | March 2024 | February 2024 | January 2024
- year 2023 | December 2023 | November 2023 | October 2023 | September 2023 | August 2023 | July 2023 | June 2023 | May 2023 | April 2023 | March 2023 | February 2023 | January 2023
- year 2022 | December 2022 | November 2022 | October 2022 | September 2022 | August 2022 | July 2022 | June 2022 | May 2022 | April 2022 | March 2022 | February 2022 | January 2022
- year 2021 | December 2021 | November 2021 | October 2021 | September 2021 | August 2021 | July 2021 | June 2021 | May 2021 | April 2021 | March 2021 | February 2021 | January 2021
- year 2020 | December 2020 | November 2020 | October 2020 | September 2020 | August 2020 | July 2020 | June 2020 | May 2020 | April 2020 | March 2020 | February 2020 | January 2020
- year 2019 | December 2019 | November 2019 | October 2019 | September 2019 | August 2019 | July 2019 | June 2019 | May 2019 | April 2019 | March 2019 | February 2019 | January 2019
- year 2018 | December 2018 | November 2018 | October 2018 | September 2018 | August 2018 | July 2018 | June 2018 | May 2018 | April 2018 | March 2018 | February 2018 | January 2018
- year 2017 | December 2017 | November 2017 | October 2017 | September 2017 | August 2017 | July 2017 | June 2017 | May 2017 | April 2017 | March 2017 | February 2017 | January 2017
- year 2016 | December 2016 | November 2016 | October 2016 | September 2016 | August 2016 | July 2016 | June 2016 | May 2016 | April 2016 | March 2016 | February 2016 | January 2016
- year 2015 | December 2015 | November 2015 | October 2015 | September 2015 | August 2015 | July 2015 | June 2015 | May 2015 | April 2015 | March 2015 | February 2015 | January 2015
- year 2014 | December 2014 | November 2014 | October 2014 | September 2014 | August 2014 | July 2014 | June 2014 | May 2014 | April 2014 | March 2014 | February 2014 | January 2014
- year 2013 | December 2013 | November 2013 | October 2013 | September 2013 | August 2013 | July 2013 | June 2013 | May 2013 | April 2013 | March 2013 | February 2013 | January 2013
- year 2012 | December 2012 | November 2012 | October 2012 | September 2012 | August 2012 | July 2012 | June 2012 | May 2012 | April 2012 | March 2012 | February 2012 | January 2012
- year 2011 | December 2011 | November 2011 | October 2011 | September 2011 | August 2011 | July 2011 | June 2011 | May 2011 | April 2011 | March 2011 | February 2011 | January 2011
- year 2010 | December 2010 | November 2010 | October 2010 | September 2010 | August 2010 | July 2010 | June 2010 | May 2010 | April 2010 | March 2010 | February 2010 | January 2010
Published: 07.08.2023
The data are valid as of the release date of the publication.
Contact: Information Services Unit - Headquarters, tel.: +420 274 056 789, email: infoservis@czso.cz