IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The total turnover of all industries * for the third quarter of 2007 was estimated at R1 121 099 million (R1,12 trillion), an increase of 3,7% compared with the revised second quarter of 2007 (R1 080 873 million or R 1,08 trillion).

Between the second quarter of 2007 and the third quarter of 2007 turnover increased in seven of the eight industries covered in the survey. The largest increase was recorded for construction (+12,3%), followed by trade (+4,7%), real estate and other business services (excluding financial intermediation and insurance) (+4,0%), manufacturing (+3,0%), electricity, gas and water supply (+2,9%), community, social and personal services (excluding government institutions) (+2,3%) and mining and quarrying (+1,8%). A decrease of 0,6% was reported by the transport, storage and communication industry.

Total inventories at the end of the third quarter of 2007 were estimated at R358 014 million, compared with R344 758 million for the revised second quarter of 2007, an increase of 3,8%. The highest increase in inventories was recorded for transport, storage and communication (+8,6%), followed by manufacturing (+4,2%), trade (+4,1%), mining and quarrying (+4,0%), community, social and personal services (excluding government institutions) (1,3%).  Decreases were reported in real estate and other business services (excluding financial intermediation and insurance) (-2,1%) and electricity, gas and water supply (-0,4%), while construction showed no difference between the two quarters.

Purchases at the end of the third quarter of 2007 were estimated at R624 224 million, compared with  R602 504 million for the revised second quarter of 2007, an increase of 3,6%. The highest increase in purchases was recorded for real estate and other business services (excluding financial intermediation and insurance) (+16,0%), construction (+12,0%), community, social and personal services (excluding government institutions) (+5,0%), trade (+4,7%) and manufacturing (+0,3%).  A decrease was reported for transport, storage and communication (-2,5%), mining and quarrying (-2,0%) and electricity, gas and water supply (-0,7%).

Total capital expenditure on new buildings, machinery, furniture, fittings, vehicles and other equipment, which was estimated at R60 711 million for all industries for the third quarter of 2007, decreased by 0,5% compared with the revised second quarter of 2007 (R60 989 million). Increases were reported in trade (+32,0%), followed by construction (+26,1%), manufacturing (+17,5%), transport, storage and communication (+4,2%). Decreases were reported in real estate and other business services (excluding financial intermediation and insurance) (-40,1%), followed by mining and quarrying (-19,7%), electricity, gas and water supply (-4,3%) and community, social and personal services (excluding government institutions) (-2,9%). 

* All industries in the South African economy, excluding agriculture, financial intermediation and insurance and government institutions.