Industrial Production & Turnover

Transcription

1 An Phríomh-Oifig Staidrimh Central Statistics Office 6 December 2013 Manufacturing Industries Seasally adjusted Industrial Producti & Turnover October 2013 (Provisial) and September 2013 (Final) Producti Turnover 2005= Manufacturing Industries (Seasally adjusted) (Base: year 2005=100) Producti Turnover Apr 2012 Jun Aug Oct Dec Feb Apr 2013 Jun Aug Oct October September October Mthly % -12.1% -4.9% -7.6% 1.1% May 2013 Jul Aug 2013 Oct % -5.6% -1.3% Published by the Central Statistics Office, Ireland. Ardee Road Dublin 6 Ireland Skehard Road Cork Ireland LoCall: (ROI) (UK/NI) Tel: Tel: Fax: Fax: Both offices may be ctacted through any of these telephe numbers. CSO the Web: and go to Business Sectors: Industry Director General: Pádraig Dalt Enquiries: Mthly statistics Results, Analysis and Publicatis Secti, ext 5211 sts_rap@cso.ie General queries Informati Secti, ext 5021 informati@cso.ie Central Statistics Office The ctents of this release may be quoted provided the source is given clearly and accurately. Reproducti for own or internal use is permitted. Industrial Producti decreased 12.1% in October 2013 Producti for Manufacturing Industries for October 2013 was 12.1% lower than in September 2013 (see above and Table 1). On an annual basis producti for October 2013 decreased by 7.6% when compared with October The seasally adjusted volume of industrial producti for Manufacturing Industries for the three mths August 2013 to October 2013 was 5.6% lower than in the quarter (see above and table 4). The Modern Sector, comprising a number of high-technology and chemical sectors, showed a mthly decrease in producti for October 2013 of 16.7%. There was a mthly increase of 0.3% in the Traditial Sector (see table 2). There was a decrease of 4.9% in the seasally adjusted industrial turnover index for Manufacturing Industries in October 2013 when compared with September 2013 (see above and table 7). On an annual basis turnover increased by 1.1% when compared with October Unadjusted data is available the CSO website at For more informati ctact Alan Finlay at , Sean Hurley at or Susana Portillo at On-line ISSN

2 Table 1 Volume Indices of Producti 1 Base year 2005=100 Manufacturing Industries NACE Industries NACE Period Seasally adjusted % period % period Quarter Quarter Quarter January February March April May June July August September October November December January February March April May June July August September October November December January February March April May June July August September October All data for latest mth are provisial 2

3 Table 2 Volume Indices of Producti 1 for "Modern" 2 and "Traditial" 2 Sectors Base year 2005=100 "Modern" Sector "Traditial" (All Other Sectors) Period % period Seasally adjusted % period Quarter Quarter Quarter January February March April May June July August September October November December January February March April May June July August September October November December January February March April May June July August September October All data for latest mth are provisial 2 See Background notes for detailed breakdown 3

4 Table 3 Employment Informati the "Modern" Sector Employment Rev. 2 Gross Quarterly totals value added 2012 Q Q Q Q3 Milli ('000) ('000) ('000) ('000) Modern Sector 17, Chemicals and chemical products; 20,21, , Basic pharmaceutical products & preparatis; 3250 Reproducti of recorded media 1 ; Medical and dental instruments and supplies 1 Computers, electric and optical products; 26,27 4, Electrical equipment All Other Sectors 13, Industries (B - E) NACE , Employment data estimated d Nace 18 and 32 (Source: Earnings, Hours and Employment Costs Survey data, CSO). Gross Value Added is for Industries (B -D) NACE 5-35 (Source: Census of Industrial Producti 2005, CSO). Final 4

5 Table 4 Volume Indices of Producti for Industrial Sectors - Provisial Results Base year 2005=100 October Seasally adjusted Gross value added EUR milli October 2013 Aug Oct 2013 % mth % 3 mths Food products and beverages , Food products 10 4, Meat and meat products Dairy products Bakery and farinaceous products Grain mill and starch products; prepared animal feeds 106, Other foods ,108 2, Beverages Textiles and wearing apparel Textiles Wearing apparel Leather and related products Wood and wood products, except furniture Paper and paper products; printing and reproducti of recorded media Paper and paper products Printing and reproducti of recorded media

6 Table 4 Volume Indices of Producti for Industrial Sectors - Provisial Results (ctinued) Base year 2005=100 October Seasally adjusted Gross value added EUR milli October 2013 Aug Oct 2013 % mth % 3 mths Chemicals and pharmaceuticals , Chemicals and chemical products Basic pharmaceutical products and preparatis 21 10, Rubber and plastic products Other n-metallic mineral products Basic metals and fabricated metal products Basic metals Fabricated metal products, except machinery and equipment Computer, electric, optical and electrical equipment , Computer, electric and optical products 26 4, Electric compents and boards 261 2, Computers and peripheral equipment 262 1, Other electric and optical products Electrical equipment

7 Table 4 Volume Indices of Producti for Industrial Sectors - Provisial Results (ctinued) Base year 2005=100 October Seasally adjusted Gross value added EUR milli October 2013 Aug Oct 2013 % mth % 3 mths Machinery and equipment, not elsewhere classified Transport equipment Tobacco; coke and refined petroleum products; furniture 12,19, Other manufacturing 32 2, Repair and installati of machinery and equipment Electricity, gas, steam and air cditiing supply 35 2, Manufacturing industries , Mining and quarrying Transportable goods industries , Industries , of which: Energy producing industries 2, Capital goods... 5, Intermediate products... 5, Csumer goods... 16, of which: Durable csumer goods N-durable csumer goods... 16,

8 Table 4a Volume Indices of Producti for Industrial Sectors - Final Results Base year 2005=100 September Seasally adjusted Gross value added EUR milli September 2013 Jul Sep 2013 % mth % 3 mths Food products and beverages , Food products 10 4, Meat and meat products Dairy products Bakery and farinaceous products Grain mill and starch products; prepared animal feeds 106, Other foods ,108 2, Beverages Textiles and wearing apparel Textiles Wearing apparel Leather and related products Wood and wood products, except furniture Paper and paper products; printing and reproducti of recorded media Paper and paper products Printing and reproducti of recorded media

9 Table 4a Volume Indices of Producti for Industrial Sectors - Final Results (ctinued) Base year 2005=100 September Seasally adjusted Gross value added EUR milli September 2013 Jul Sep 2013 % mth % 3 mths Chemicals and pharmaceuticals , Chemicals and chemical products Basic pharmaceutical products and preparatis 21 10, Rubber and plastic products Other n-metallic mineral products Basic metals and fabricated metal products Basic metals Fabricated metal products, except machinery and equipment Computer, electric, optical and electrical equipment , Computer, electric and optical products 26 4, Electric compents and boards 261 2, Computers and peripheral equipment 262 1, Other electric and optical products Electrical equipment

10 Table 4a Volume Indices of Producti for Industrial Sectors - Final Results (ctinued) Base year 2005=100 September Seasally adjusted Gross value added EUR milli September 2013 Jul Sep 2013 % mth % 3 mths Machinery and equipment, not elsewhere classified Transport equipment Tobacco; coke and refined petroleum products; furniture 12,19, Other manufacturing 32 2, Repair and installati of machinery and equipment Electricity, gas, steam and air cditiing supply 35 2, Manufacturing industries , Mining and quarrying Transportable goods industries , Industries , of which: Energy producing industries 2, Capital goods... 5, Intermediate products... 5, Csumer goods... 16, of which: Durable csumer goods N-durable csumer goods... 16,

11 Table 5 Volume Indices of Producti for Selected Sectors - Seasally Adjusted 1 Base year 2005=100 Industrial Sector and NACE Code Period Total for Manufacturing Industries Food products Beverages Chemicals and chemical products Basic pharmaceutical products and preparatis Computer, electric and optical products Other manufacturing January February March April May June July August September October November December January February March April May June July August September October November December January February March April May June July August September October Oct 13 / Oct % 0.1% -3.0% 24.3% -17.1% -23.5% 1.8% Oct 13 / Sep % 3.0% 1.9% 6.3% -23.3% -14.0% 6.5% 1 All data for latest mth are provisial 11

12 Table 6 Industrial Turnover Indices 1 Base year 2005=100 Manufacturing Industries NACE Transportable Goods Industries 2 NACE Period Seasally adjusted % period % period Quarter Quarter Quarter January February March April May June July August September October November December January February March April May June July August September October November December January February March April May June July August September October All data for latest mth are provisial 2 See Background notes for detailed breakdown 12

13 Table 7 Turnover Indices for Industrial Sectors - Provisial Results Base year 2005=100 October Seasally adjusted Turnover EUR milli October 2013 Aug Oct 2013 % mth % 3 mths Food products and beverages , Food products 10 16, Meat and meat products 101 3, Dairy products 105 2, Bakery and farinaceous products Grain mill and starch products; prepared animal feeds 106, Other foods ,108 8, Beverages 11 2, Textiles and wearing apparel Textiles Wearing apparel Leather and related products Wood and wood products, except furniture 16 1, Paper and paper products; printing and reproducti of recorded media , Paper and paper products Printing and reproducti of recorded media 18 1,

14 Table 7 Turnover Indices for Industrial Sectors - Provisial Results (ctinued) Base year 2005=100 October Seasally adjusted Turnover EUR milli October 2013 Aug Oct 2013 % mth % 3 mths Chemicals and pharmaceuticals , Chemicals and chemical products 20 2, Basic pharmaceutical products and preparatis 21 26, Rubber and plastic products 22 1, Other n-metallic mineral products 23 2, Basic metals and fabricated metal products , Basic metals Fabricated metal products, except machinery and equipment 25 1, Computer, electric, optical and electrical equipment , Computer, electric and optical products 26 22, Electric compents and boards 261 4, Computers and peripheral equipment , Other electric and optical products , Electrical equipment

15 Table 7 Turnover Indices for Industrial Sectors - Provisial Results (ctinued) Base year 2005=100 October Seasally adjusted Turnover EUR milli October 2013 Aug Oct 2013 % mth % 3 mths Machinery and equipment, not elsewhere classified 28 2, Transport equipment , Tobacco; coke and refined petroleum products; furniture 12,19,31 2, Other manufacturing 32 4, Repair and installati of machinery and equipment Manufacturing industries , Mining and quarrying , Transportable goods industries , of which: Industries mainly or wholly producing 1 Capital goods... 26, Intermediate products... 15, Csumer goods... 48, of which: Durable csumer goods... 1, N-durable csumer goods... 46, Excludes Energy producing industries 15

16 Table 7a Turnover Indices for Industrial Sectors - Final Results Base year 2005=100 September Seasally adjusted Turnover EUR milli September 2013 Jul Sep 2013 % mth % 3 mths Food products and beverages , Food products 10 16, Meat and meat products 101 3, Dairy products 105 2, Bakery and farinaceous products Grain mill and starch products; prepared animal feeds 106, Other foods ,108 8, Beverages 11 2, Textiles and wearing apparel Textiles Wearing apparel Leather and related products Wood and wood products, except furniture 16 1, Paper and paper products; printing and reproducti of recorded media , Paper and paper products Printing and reproducti of recorded media 18 1,

17 Table 7a Turnover Indices for Industrial Sectors - Final Results (ctinued) Base year 2005=100 September Seasally adjusted Turnover EUR milli September 2013 Jul Sep 2013 % mth % 3 mths Chemicals and pharmaceuticals , Chemicals and chemical products 20 2, Basic pharmaceutical products and preparatis 21 26, Rubber and plastic products 22 1, Other n-metallic mineral products 23 2, Basic metals and fabricated metal products , Basic metals Fabricated metal products, except machinery and equipment 25 1, Computer, electric, optical and electrical equipment , Computer, electric and optical products 26 22, Electric compents and boards 261 4, Computers and peripheral equipment , Other electric and optical products , Electrical equipment

18 Table 7a Turnover Indices for Industrial Sectors - Final Results (ctinued) Base year 2005=100 September Seasally adjusted Turnover EUR milli September 2013 Jul Sep 2013 % mth % 3 mths Machinery and equipment, not elsewhere classified 28 2, Transport equipment , Tobacco; coke and refined petroleum products; furniture 12,19,31 2, Other manufacturing 32 4, Repair and installati of machinery and equipment Manufacturing industries , Mining and quarrying , Transportable goods industries , of which: Industries mainly or wholly producing 1 Capital goods... 26, Intermediate products... 15, Csumer goods... 48, of which: Durable csumer goods... 1, N-durable csumer goods... 46, Excludes Energy producing industries 18

19 Table 8 Turnover Indices for Selected Sectors - Seasally Adjusted 1 Base year 2005=100 Industrial Sector and NACE Code Period Total for Manufacturing Industries Food products Beverages Chemicals and chemical products Basic pharmaceutical products and preparatis Computer, electric and optical products Other manufacturing January February March April May June July August September October November December January February March April May June July August September October November December January February March April May June July August September October Oct 13 / Oct % 2.8% 5.7% -0.8% 3.4% -8.3% 0.7% Oct 13 / Sep % -0.4% -0.7% 3.2% -12.4% -7.2% 8.9% 1 All data for latest mth are provisial 19

20 Table 9 Producti and Turnover Indices by Main Industrial Groupings - Seasally Adjusted 1 Base year 2005=100 Producti Turnover Period Capital goods Intermediate goods Csumer goods Durable csumer goods N-durable csumer goods Capital goods Intermediate goods Csumer goods Durable csumer goods N-durable csumer goods 2011 January February March April May June July August September October November December January February March April May June July August September October November December January February March April May June July August September October Oct 13 / Oct % -6.8% -10.4% -24.1% -10.1% 1.0% -0.9% 3.1% -0.2% 3.1% Oct 13 / Sep % -3.9% -12.8% 8.9% -13.1% -2.4% 1.0% -7.1% 2.7% -7.2% 1 All data for latest mth are provisial 20

21 Central Statistics Office Industrial Producti & Turnover Background Notes Introducti The mthly industrial producti index mitors current trends in the volume of producti of industrial local units with three or more perss engaged. The primary purpose of the index is to measure s in value added at cstant prices. The mthly index of turnover measures the in the level of sales each mth of industrial products, whether manufactured in the mth in questi or in previous periods (excluding n-industrial activity where practicable). The turnover indices outlined in this release are exclusive of VAT. The principal difference between the producti and turnover indices is that the producti index traces the quantitative volume of producti (i.e. effect of price s excluded) each mth whether sold or not, whereas the turnover index reflects both the volume of sales and the price level. Starting with January 2009 updated industrial producti and turnover indices are being published to year 2005=100. The new orders indices measure trends in new orders accepted, including those received and filled during the last mth. Orders are valued at the amounts invoiced or still to be invoiced (excluding VAT). The respse rates for the provisial results are typically 46% in terms of the local units surveyed covering 84% of the value of producti and 82% of the value of turnover. The correspding figures for the final results are 58%, 91% and 90% respectively. These respse rates are d averages for a 12 mth period ending September In September 2009 an additial questi respse burden showed that respdents took an average of 19 minutes to complete the mthly inquiry form. Sample covered Methodology The mthly survey which provides data for calculating the indices covers the larger local units which between them account for the bulk of industrial output in general those which in the year 2005 had twenty or more perss engaged in NACE 5 to 35. For certain sectors the threshold of 20 perss engaged is lowered where this is csidered necessary to ensure representativeness of the sample or where data for a sector would have to be kept cfidential if the 20 perss engaged threshold were applied. The business activity classificatis are d the Statistical Classificati of Ecomic Activities in the European Community (NACE Rev. 2). Working day adjusted individual producti, turnover and new orders sub-indices are compiled for each detailed NACE class. These sub-indices are combined to provide the indices for broader sectoral groupings, using as weights for a sector the gross value added at factor cost for producti indices, and turnover in goods produced and industrial services provided to others for turnover and new orders indices, for all units in that sector covered in the 2005 Census of Industrial Producti (CIP). Weights and year are revised every five years. The producti index is compiled using two methods. One method is d the valuati of quantity data at year prices. The series has been compiled using updated prices from the Prodcom 2005 survey. Alternatively, in cases where reliable quantity data cannot be obtained current value data is cverted to values at year prices using suitable Wholesale Price (WPI) deflators. New orders indices have been produced from January 2004 wards using reported mthly orders data. In the event of n-respse, the reported turnover is used as an estimate for the calculati of new orders indices. 21

22 Central Statistics Office Seasal Adjustment Industrial Producti & Turnover Seasal adjustment is cducted using the direct seasal adjustment approach. Under this approach each individual series is independently adjusted, e.g. aggregate series are adjusted without reference to the compent series. Seasal adjustment models are developed for each series d unadjusted data spanning from January 1998 to the current period. These models are then applied to the entire series. Seasal factors are updated each mth. The adjustments are completed by applying the X-12-ARIMA model, developed by the U.S. Census Bureau to the unadjusted data. This methodology estimates seasal factors while also taking into csiderati factors that impact the quality of the seasal adjustment such as: Calendar effects, e.g. the timing of Easter Outliers, temporary s and level shifts in the series For additial informati the use of X-12-ARIMA see (Findley, D.F., B.C. Msell, W.R. Bell, M.C. Otto, and B. Chen (1998), New Capabilities and Methods of the X-12-Arima Seasal Adjustment Program, Journal of Business & Ecomic Statistics, 16, pp ) NACE classificati The business activity classificatis used in this Statistical release are d the Statistical Classificati of Ecomic Activities in the European Community i.e. NACE Rev. 2. The main for the Industrial Producti and Turnover release is the reclassificati of local units in the Publishing sector (NACE Rev ) to the Services sector (i.e. outside the scope of this release). Other s mean that there are separate NACE groups for Food products (NACE 10), Beverages (NACE 11), Chemical and chemical products (NACE 20) and Basic pharmaceutical products and preparatis (NACE 21). The descriptis of particular NACE Rev. 2 sectors are sometimes shown in abbreviated form in the release. For further informati the NACE Rev. 2 classificati of industrial activity, visit the CSO website: Definitis All Industries All industries is comprised of all sectors classified NACE 05 to 35 inclusive. This includes Mining and quarrying NACE 05 to 09, Manufacturing Industries NACE 10 to 33, and Electricity, gas, steam and air cditiing supply NACE 35. Manufacturing Industries Manufacturing Industries is comprised of all sectors classified NACE 10 to 33 inclusive. Transportable Goods Industries Transportable Goods Industries is comprised of all sectors classified NACE 05 to 33 inclusive. This includes Mining and quarrying NACE 05 to 09 and Manufacturing Industries NACE 10 to 33. Modern Sector Modern sector includes the following industrial sectors NACE NACE NACE NACE Chemicals and pharmaceuticals Computer, electric, optical and electrical equipment Reproducti of recorded media Medical and dental instruments and supplies Traditial Sector Traditial Sector includes All Industries (NACE 05 to 35) excluding Modern sector as detailed above. 22

23 Central Statistics Office Retrospecti Updated Wholesale Price (Base Year = 2005) Industrial Producti & Turnover Indices calculated under the previous system (NACE Rev1.1 and year 2000) have been re-cast in order to make compariss with earlier periods. When making compariss with data produced in previous mthly industrial producti and turnover releases (classified by NACE Rev. 1.1 and NACE Rev. 70) it should be noted that the ctent of NACE Rev.2 sectors can be quite different from that of similarly-titled NACE Rev. 1.1 and NACE Rev. 70 sectors. The wholesale price indices were revised in June 2010 to include updated weights ( year = 2005) and to allow for the NACE Rev. 2 reclassificati of the indices. New year weights were compiled for the Wholesale Price using the results of the 2005 Census of Industrial Producti (CIP) and the Prodcom Inquiry surveys. New weights were applied to each three digit NACE group the basis of the Census of Industrial Producti and the commodity groups weights were assigned the basis of the Prodcom Inquiry. The business activity classificatis used in the updated WPI series are d the Statistical Classificati of Ecomic Activities in the European Community i.e. NACE Rev. 2. The main arising from the adopti of NACE Rev. 2 is the reclassificati of local units in the Publishing sector (NACE Rev ) to the Services sector. Other significant s include separate NACE divisis for Food products (NACE 10), Beverages (NACE 11), Chemicals and chemical products (NACE 20) and Basic pharmaceutical products and preparatis (NACE 21). For further informati the updated WPI indices see the CSO publicati Wholesale Price, Introducti of Updated Series Base = Prior to the adopti of the updated WPI indices industrial producti mapped the WPI indices from NACE Rev. 1 to NACE Rev.2 to create deflators for the industrial producti indices. New Orders Indices The index of new orders received was an indicator which represented the nominal value of the new orders placed during a certain reference mth in an industry. Due to methodological difficulties the publicati of this indicator was disctinued with the end of the reference year 2011 by Eurostat. As a result this data is no lger collected by the C.S.O. and the series has been disctinued from July