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Production in industry (sts_ind_prod)

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Statistical Office of the Slovak Republic (SOSR)

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Industrial production (IP) is one of the most important business indicators and calculation is based on the change of production volume representatives in reference month compared to the reference year 2021, based on the List PRODSLOV (compatible with European list PRODCOM) and on the two-stage weight system. Trends of industrial production are compiled by gradual aggregation of indices of production of selected representatives. The representatives are the products covering minimum 80 % of production volume. Individual indices of production of these representatives are calculated on the basis of change of volume of their production in monitored period in comparison with basic period, and they are aggregated into individual indices of product groups by their weights. For weight specifying there are used data on value added from yearly of enterprise survey for the year 2021 and data on manufacturing the products in value expression from monthly industrial surveys for year 2021. The values of IPI for approximately 40 % of representatives surveyed in value expression, are calculated on the basis of fixed prices (December 2021 = 100). New price deflator is constructed on the basis of price development of products manufactured in SR for domestic and foreign markets. Data adjusted by working days or seasonal adjusted, are monthly reviewed from the beginning of time series.

The variables collected in the monthly electronic questionnaire Priem 1-12  are:

  • Production of industrial goods and services – value and physical volume of production; industrial goods and services are classified according to the "PRODSLOV" list (Slovak national version of PRODCOM List); VAT and excise duties are excluded
  • Hours worked - actual hours worked on manufacture of products with a long term period of production

13 June 2025

Industrial production expresses changes in the volume of production of industrial products and the provision of industrial services in the Slovak Republic based on the selection of enterprises  and product representatives. The production of industrial products and services is measured in both value and physical volume of production; industrial products and services are classified according to the list of PRODSLOV. VAT and excise duties are excluded.

The survey according to PRODSLOV is carried out on a monthly basis at the level of 10-digit selected codes in physical units, in terms of value and for hours worked.

In addition to the production of products, the survey also monitors subcontractor relationships, which are also detected at the 10-digit level of product codes.

The variables collected are:

-  production volume in physical units for 243 product representatives (representatives at 6 digit level of PRODSLOV list)

-  production values for 178 product representatives

-  hours worked for 1 product representative (NACE Classes: 30.11 – Building of ships and floating structures; 30.40 – Manufacture of military fighting vehicles)

The kind of activity unit as the observation unit.

The statistical survey Priem 1-12 addresses reporting units registered in the commercial register and maintained in the register of organizations of the Slovak Statistical Office with the number of employees of 20 or more persons, whose main activity is classified in divisions 05-39 of the Statistical Classification of Economic Activities NACE Rev.2 and selected important reporting units whose main activity is non-industrial activity or those whose sales exceeded 5 million Euros.

Number of reporting units: 2749

Significant non-industrial reporting units are addressed if the value of product production exceeds more than 50% of the average production of the enterprise at the product level of enterprises classified in the relevant 4-digit NACE Rev. 2

Number of enterprises: 15

For the population of reporting units with the number of employees up to 19 persons (inclusive), registered in the business register and maintained in the Register of organizations and for natural persons doing business on the basis of a trade license according to Act no. 455/1991 Coll. on trade, as amended, the number of which is determined on the basis of the number of trade licenses issued, an estimate is made by combining data from the annual statistical survey.

Register of organizations maintained by the Statistical Office of the Slovak Republic pursuant to Act NR SR no. 540/2001 Coll. on state statistics, as amended, is a source of information on subjects of the population addressed by statistical surveys. Legal entities and natural persons - entrepreneurs are registered in the register of organizations on the basis of data obtained by the Statistical Office of the Slovak Republic in accordance with the Act on State Statistics and other special laws. The register is used for statistical purposes and the data recorded in it are updated daily from various sources, e.g. with information from statistical surveys, data from the commercial register, the social insurance company, etc.

All regions of the Slovak Republic are covered by the survey. The reporting units are residents at the territory of the Slovak Republic and provide data on their domestic activities and activities outside, if the activities carried out are of a subject of the tax and other duties in relation to Slovak legislation.

The monitored period is a month.

Overall accuracy is considered very good. SOSR makes great efforts to prevent the occurrence of errors in the data and performs data verification to detect the errors. Most errors are directly consulted at regional offices with the reporting units.

Indices are transmitted to Eurostat. 

The  Industrial production calculation is carried out on the basis of changes in the physical volume of product representatives and a two-level weight system. The representatives are the products identified at 10 local levels according to PRODSLOV. The share of production determined in terms of value is about 40%. One code is detected in hours worked. (NACE Class 30.11 – Construction of ships and floating vessels, 30.40 Manufacture of military combat vehicles). In the same way, subcontracting relationships are detected at the 10 local level of product codes.

Individual indices of these 6 local representatives are calculated based on changes in the physical expression of production for the monitored period compared to the base period, and these are aggregated into individual indices of aggregation groups according to weights. The weights are calculated on the basis of added value from annual business surveys in 2021 and on the basis of production in value terms of individual products from the annual survey of PRODSLOV for 2021.

In the case of products measured in terms of value, a price index is used to deflate this value. The new price deflator is constructed based on the price development of industrial products on the domestic and foreign markets.

The data, adjusted by number of working days and seasonal adjusted data, are recalculated monthly from the beginning of the time series.

The composite Laspeyres formula is used to calculate the index of industrial production.

The statistical survey Priem 1-12 addresses reporting units registered in the business register and kept in the register of organizations of the Slovak National Register of Statistics with the number of employees of 20 or more persons, whose main activity is classified in divisions 05-39 of the Statistical Classification of Economic Activities NACE Rev.2 and selected important reporting units, whose main activity is other than industrial activity (approx. 14 cooperative units) or those whose turnover exceeded 5 million Euros.

Number of contacted reporting units (September 2024): 2749.

Significant non-industrial reporting units are addressed if the value of product production exceeds more than 50% of the average company production at the product level of companies classified in the relevant 4-digit NACE Rev. 2

For the population of reporting units with the number of employees up to 19 persons (inclusive), registered in the business register and maintained in the register of organizations of the Slovak Registry of Internal Affairs and for natural persons doing business on the basis of a trade license according to Act no. 455/1991 Coll. on trade entrepreneurship as amended, the number of which is determined based on the number of trade licenses issued, an estimate is made by combining data from the annual statistical survey Roc 2-01.

Monthly

Data are released in line with the Release calendar. There are no differences in timeliness between the different aggregation levels or between the statistical variables presented.

Data dissemination in the public database Datacube is in accordance with the set up deadlines.

Data are disseminated on 40. day after the reference period.

The statistical survey of Priem 1-12 is compiled for the entire territory of the Slovak Republic.

The time series are comparable from the reference year 2008.