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FIRST RELEASE |
CROATIAN
BUREAU OF STATISTICS ISSN 1334-0565 |
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YEAR: XLV. |
ZAGREB, 28 FEBRUARY, 2008 |
NUMBER: 2.1.1/1. |
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OBLIGED TO NOTIFY DATA SOURCE |
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The total industrial production was by 6.7% higher in January 2008 than in January 2007. As compared to the average monthly production in 2007, the industrial production in January 2008 decreased by 7.1%.
According to the MIGs 2001 aggregation, in January 2008, as compared to January 2007, Intermediate goods were higher by 2.9%, Energy by 7.5%, Capital goods by 9.5% and Non-durable consumer goods by 10.1%, while Durable consumer goods were by 5.4% lower.
According to the NKD 2002. sections, the production in Mining and quarrying was by 6.7% lower in January 2008 than in the same month of 2007., while it increased in Manufacturing by 7.3% and in Electricity, gas and water supply by 11.8%.
In January 2008, the trend index of the total industrial production was by 0.5% higher than in December 2007 (see G-1.). Detailed volume indices of industrial production − seasonally adjusted time series and trend cycle – are published in the First Release No. 2.1.3., which is usually issued one week after this First Release.
1. INDUSTRIAL PRODUCTION VOLUME INDICES, ACCORDING TO MIGs 2001 AND NKD 2002. DIVISIONS, JANUARY 2008
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Structure |
I. 2008. |
I. 2008. |
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Total |
100,00 |
92,9 |
106,7 |
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According to Main Industrial Groupings − MIGs 2001 |
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AI Intermediate goods |
26,43 |
82,4 |
102,9 |
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AE Energy |
16,70 |
113,5 |
107,5 |
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B Capital goods |
17,28 |
96,2 |
109,5 |
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CD Durable consumer goods |
2,89 |
88,4 |
94,6 |
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CN Non-durable consumer goods |
36,70 |
89,8 |
110,1 |
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According to NKD 2002. sections and divisions |
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C Mining and quarrying |
4,86 |
90,1 |
93,3 |
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11 Extraction of crude petroleum and natural gas;
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3,07 |
99,3 |
93,0 |
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14 Other mining and quarrying |
1,79 |
74,3 |
99,5 |
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D Manufacturing |
82,38 |
89,1 |
107,3 |
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15 Manufacture of food products and beverages |
19,55 |
84,9 |
105,7 |
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16 Manufacture of tobacco products |
2,01 |
89,2 |
102,5 |
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17 Manufacture of textiles |
1,76 |
94,0 |
93,4 |
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18 Manufacture of wearing apparel; dressing and dyeing of fur |
2,31 |
101,6 |
100,1 |
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19 Tanning and dressing of leather, manufacture
of |
1,22 |
114,0 |
115,7 |
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20 Manufacture of wood and of products of wood
and |
2,81 |
97,0 |
101,6 |
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21 Manufacture of pulp, paper and paper products |
2,57 |
93,2 |
99,1 |
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22 Publishing, printing and reproduction of
recorded |
9,79 |
95,1 |
123,2 |
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23 Manufacture of coke, refined petroleum
products |
0,87 |
96,0 |
94,2 |
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24 Manufacture of chemicals and chemical products |
4,93 |
75,1 |
108,8 |
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25 Manufacture of rubber and plastic products |
2,23 |
86,8 |
108,8 |
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26 Manufacture of other non-metallic mineral products |
6,30 |
71,3 |
93,8 |
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27 Manufacture of basic metals |
1,10 |
94,7 |
104,5 |
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28 Manufacture of fabricated metal products,
except |
7,32 |
93,8 |
115,6 |
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29 Manufacture of machinery and equipment n.e.c. |
3,87 |
93,5 |
105,9 |
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30 Manufacture of office machinery and computers |
0,97 |
51,5 |
254,8 |
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31 Manufacture of electrical machinery and apparatus n.e.c |
2,85 |
90,7 |
108,5 |
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32 Manufacture of radio, television and
communication |
1,96 |
79,3 |
76,1 |
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33 Manufacture of medical, precision and optical |
0,56 |
162,3 |
178,1 |
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34 Manufacture of motor vehicles, trailers and semi-trailers |
0,42 |
103,6 |
91,9 |
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35 Manufacture of other transport equipment |
3,94 |
101,7 |
104,5 |
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36 Manufacture of furniture; manufacturing n.e.c. |
2,33 |
88,8 |
95,8 |
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37 Recycling |
0,71 |
93,6 |
147,0 |
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E Electricity, gas and water supply |
12,76 |
118,0 |
111,8 |
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40 Electricity, gas, steam and hot water supply |
11,25 |
123,3 |
114,2 |
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41 Collection, purification and distribution of water |
1,51 |
78,8 |
90,3 |
METHODOLOGICAL NOTES
Industrial production volume indices are important business cycle short-term indicators that measure monthly results of the industrial sector. Taking into account its periodicity, its rapid availability and detailed breakdown by divisions of industrial economy sector (the NKD 2002. C, D and E divisions), they are central and up-to-date indicators of the development of industrial sector, which is one of the most volatile components of economy.
In this first release all indices are presented in original (unadjusted) form. They were calculated from data collected through the Monthly Survey on Industrial Production (IND-1/MPS form) in 2008. Seasonally adjusted time series and trend cycle will also be available in the follow-up First Release No. 2.1.3., which is issued approximately one week after this first release.
Legal and methodological framework
The Monthly Survey on Industrial Production (IND-1/MPS form) in 2007 is carried out by the Central Bureau of Statistics together with county statistical offices on the legal basis of the Law on Official Statistics (NN, No. 103/03).
Concepts and definitions used in this Survey are specified in the Statistical Standards for the Monthly Survey on Industrial Production and Persons Employed (IND-1/MPS form) published in Narodne novine No. 19/04. Concepts and definitions are in line with the EU Methodology of Short-Term Business Statistics (Theme 4, ISSN 1725-0099; European Communities, 2006).
Scope and coverage
The survey covers enterprises and parts thereof employing 20 persons or more and performing one or several activities listed in the NKD 2002. sections C Mining and quarrying, D Manufacturing and E Electricity, gas, steam and hot water supply.
Reference period
The reference period for data collection is a calendar month. As a rule, completed IND-1/MPS forms must be returned by mail to the Central Bureau of Statistics 8 days after the end of the reference period.
Definitions and calculation method
Industrial production volume indices are chain indices of finished industrial products defined by the Nomenclature of Industrial Products – NIPUM 2004.
A finished product is every product that reached a certain level in the production process and listed in the NIPUM 2004. under separate codes and headings.
Calculation method1)
Industrial production volume indices for various levels of the NKD 2002. are calculated in two stages, according to the Laspeyres formula. In the first stage, indices are calculated from quantity data on production of individual products according to the NIPUM 2004. and an adequate weighting coefficient, which represents an estimated value added of individual products. In the second stage, all indices of groups and higher levels are weighted with shares of value added of individual activities of industrial production by NKD 2002. levels. In this way, the relative importance of individual levels is defined and, at the same time, different levels of coverage are levelled.
1) Additional information are available in the Studies and Analyses – Short-Term Indicators on Industry, No. 85, Zagreb, 1999, CBS.
Indices for MIGs 2001 aggregates are calculated in the same way by predominant end-use of products within the same NKD 2002. activity group. Since January 2006, new definitions have been applied for MIGs aggregations in the calculation of aggregated indices in regard of the further harmonisation with the EU statistical standards.2) In order to avoid the misunderstanding regarding the MIG version applied, in all publications of the Central Bureau of Statistics it will be marked with MIGs 2001 instead of the currently used MIG.
Weighting coefficients of individual products of the NIPUM used in the calculation of industrial production index represent the value added to the unit production of a respective product. They are calculated on the basis of unit values of the 2000 Industrial Annual Report (PRODCOM) and are revised every five years. Weighting coefficients used in the period from 1997 to 2001 were calculated on the basis of the 1995 Industrial Annual Report.
In the Republic of Croatia, the structure of industrial activities (division structure) was calculated in 2006 on the basis of the gross value added of factor costs by kind-of-activity (pure activity) principle. It was calculated on the basis of 2006 annual statistical results of the Structural Business Survey on Industry (coverage of 94.5%) of the Central Bureau of Statistics and annual results from administrative data obtained from the Fina – the Annual Accounts of Industrial Enterprises in 2006 (coverage of 5.5%) and was further corrected by industrial production volume indices for 2007. The division structure is updated at the beginning of every year for the calculation of indices in a current year.
Special notes to users
Recalculated series of monthly indices of industrial production according to the new definitions of MIGs 2001 are available for the period from January 1997 to December 2006 and are published in the Monthly Report Nos. 2/2007 and 3/2007 of the Central Bureau of Statistics. Recalculated MIGs 2001 series are also available in the electronic form on the basis of users’ personal request to the Statistical Information and Documentation, Archive and Publications Division of the Central Bureau of Statistics.
2) COMMISSION REGULATION (EC) No. 586/2001 of 26 March 2001 on Implementing Council Regulation (EC) No. 1165/98 concerning short- term statistics as regards the definition of Main Industrial Groupings (MIGs).
Abbreviations
n.e.c. not elsewhere classified
CBS Central Bureau of Statistics
EU European Union
Fina Financial Agency
MIGs 2001 Main Industrial Groupings, 2001 version
NKD 2002. National Classification of Activities, 2002 version
NN Narodne novine, official
gazette of the Republic of Croatia