IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The total turnover of all industries1 for the second quarter of 2008 was estimated at R1 263 410 million (R1,26 trillion), an increase of 7,9% compared with the revised first quarter of 2008 (R1 171 331 million or R1,17 trillion).

Between the first quarter of 2008 and the second quarter of 2008, turnover increased in all eight industries covered in the survey. The largest increase in turnover was recorded for electricity, gas and water supply (+21,5%), followed by mining and quarrying (+17,8%), construction (+11,7%), manufacturing (+10,9%), trade (+5,9%), real estate and other business services (excluding financial intermediation and insurance) (+2,3%), transport, storage and communication (+2,2%) and community, social and personal services (excluding government institutions) (+0,3%).

Total inventories at the end of the second quarter of 2008 were estimated at R426 629 million, compared with R393 375 million for the revised first quarter of 2008, an increase of 8,5%. The largest increase in inventories was recorded for electricity, gas and water supply (+22,1%), followed by mining and quarrying (+12,6%), community, social and personal services (excluding government institutions) (+11,7%), manufacturing (+10,6%), transport, storage and communication (+8,1%), trade (+6,4%), construction (+1,1%) and real estate and other business services (excluding financial intermediation and insurance) (+0,2%).

Purchases at the end of the second quarter of 2008 was estimated at R753 182 million, compared with   R691 742 million for the revised first quarter of 2008, an increase of 8,9%. The largest increase in purchases was recorded for electricity, gas and water supply (+24,2%), followed by manufacturing (+12,6%), community, social and personal services (excluding government institutions) (+11,8%), mining and quarrying (+9,1%), trade (+8,0%), real estate and other business services (excluding financial intermediation and insurance) (+3,7%), construction (+3,1%) and transport, storage and communication (+2,5%).

Total capital expenditure on new buildings, improvement, construction works, machinery, furniture, fittings, vehicles and other equipment was estimated at R56 005 million for all industries for the second quarter of 2008, a decrease of 22,7% compared with the revised first quarter of 2008 (R72 460 million). The largest decrease was reported in transport, storage and communication (-72,5%), followed by real estate and other business services (excluding financial intermediation and insurance) (-9,2%), community, social and personal services (excluding government institutions) (-0,8%) and trade (-0,3%). Increases were reported in mining and quarrying (+54,6%), construction (+25,7%), manufacturing (+11,6%) and electricity, gas and water supply (+6,9%).

Turnover for all industries increased by 16,9% between the second quarters of 2007 and 2008. The largest increase was reported by construction (+37,5%), followed by mining and quarrying (+33,5%), manufacturing (+20,4%), trade (+16,5%), real estate and other business services (excluding financial intermediation and insurance) (+5,8%), electricity, gas and water supply (+5,4%) and transport, storage and communication (+4,5%). A decrease was reported in community, social and personal services (excluding government institutions) (-3,1%).