Statistical data on industry from 2009 are published according to classification of activities (TE┴OR '08), which is valid from the first of January 2008 and in accordance with that of European Union (NACE Rev. 2).
The subannual industry statistics considers sum of sections B, C, and D as total industry. Its official short name is as follows: Industry excluding water and waste management.
Industrial production: the production value of industrial activity, i.e. the net returns of industrial sales corrected with the changes of own-produced stocks. From 2005 – in order to follow economic events of liberated energy-market – the value of energy received for distribution and sold further is subtracted from the industrial gross output volume of electricity, gas, steam and air conditioning supply (netting out the multiplication).
Industrial activity: own production of industrial corporations listed to industry, and industrial production performed from indirect services.
Returns on sales: the invoiced value of own produced industrial products and services.
Net returns on sales: returns on sales enlarged with price supplements. Excise duties, registration and energy tax, as well as value added tax are excluded.
Industrial sales: net returns on sales deriving from industrial activity.
Export sales: the forint value of net returns on sales of products and services deriving from industrial activity sold to foreign countries or in foreign countries, respectively. In respect of accounting it the territory outside the border of Hungary is considered as abroad. The sales towards the non-resident companies having Hungarian taxnumbers are taken into account as export sales.
Domestic sales: the value of sales of own-produced industrial products and industrial products produced by indirect services, as well as the value of industrial services, realized in the turnover of domestic trade. Domestic sales are defined as sales within the border of Hungary. The export turnover shown in industrial and in external trade statistics differ. For the reason of the difference see Chapter External Trade.
The volume index of industrial production is an indicator of production value calculated from constant prices at the current price level of the reference period.
In the energy industry the volume indices of production are accounted on product base – contrary to the method generally applied in the industry based on sales value. The core of this method are the homogeneous product groups. Indices are compiled for the sub-branches of 3514 Trade of electricity and 3523 Trade of gas from the quantities collected by the monthly product statistics.
The volume index of industrial sales it is derived from the net return sales and netting out the price movement.
The seasonally and working-day adjusted volume index with fixed basis on prices of January 2010 indicates the changes of production and sales compared to the monthly average performance of the year 2010. The seasonal and working-day adjustment is carried out with TRAMO-SEATS method using Demetra software. The working-day adjustment is also used for the time series of the industrial sales (total, domestic and export), because the test running demonstrated, that a significant working-day effect is present in sales. Owing to the change of the method of the seasonal and working-day adjustment the adjusted data can be varied for the total time series in each month. More»
Scope of statistical observation: production and sales data for industry total relate to all industrial corporations, while data by sub-sections and by regions relate to corporations with 5 or more employees. Production data on industrial products cover industrial corporations with 50 and more employees, and from 2005 enterprises classified out of industry, but performing industrial activity in significant values. Product data are published according to the Industrial Product Classification (ITO) valid since 1 January 2008.
The coverage of statistical observation changed in 1998: corporations with more than 49 employees are observed on full-scope basis, while those with employees between 5–49 are observed on a representative basis, and in case of corporations with less than 5 employees data are estimated. For the estimations VAT declarations of the last two years are taken into account, as well as the distribution of sales by destinations and the number of active corporations in the respective month.
Stock of orders: Value of orders at the end of the month stands for outstanding orders (not yet completed) for industrial products and industrial services placed by the principal and accepted by the manufacturer, excluding value added tax and including price supplement. To the definition of new orders belong all orders received and confirmed in the reference month, irrespective of the fact whether they were fulfilled or not. Data refer to corporations falling under full-scope observation. Observations refer to selected (working on order) branches of manufacturing. Stock of orders and new order data relate to corporations with more than 49 employees.
Comparability: Regulation of EU relating to statistical register (Regulation of European Parliament and Council No 177/2008/EEC of 20 February 2008) ordains, that in a statistical register statistical units should be classified into the deepest (4-digit) level of activity classification NACE Rev. 2 (Hungarian equivalent is TE┴OR '08) according to their principal activity. The principal activity is identified as the activity, which contributes most to the total value added of the unit concerned.
HCSO has worked out proceeding for the determination of the principal activity of statistical units. It has been stated in the Announcement of the President of HCSO No 9003/2003 (SK.5–6.) and published in the Statistical Journal No 5–6/2003. Statistical surveys are being conducted according to the principal activity determined by this proceeding.
Methodological source: Methodology of First releases, Industry