Key findings: P0044 - Quarterly financial statistics (QFS), September 2009

The total turnover of all industries1 for the third quarter of 2009 was estimated at R1 192 879 million (R1,19 trillion), an increase of 3,6% compared with the revised second quarter of 2009 (R1 151 727 million or R1,15 trillion).

Between the second quarter of 2009 and the third quarter of 2009, turnover increased in all eight industries covered in this survey. The largest increase in turnover was recorded for electricity, gas and water supply (+51,8%), followed by manufacturing (+4,3%), trade (+2,6%), transport, storage and communication (+2,6%), mining and quarrying (+2,5%), community, social and personal services (excluding government institutions) (+1,5%), real estate and other business services (excluding financial intermediation and insurance) (+1,0%) and construction (+0,1%).

Purchases for the third quarter of 2009 were estimated at R666 025 million, compared with R646 626 million for the revised second quarter of 2009, an increase of  3,0%. The largest increase in purchases was recorded for transport, storage and communication (+9,7%), followed by mining and quarrying (+6,3%), manufacturing (+5,1%), electricity, gas and water supply (+2,5%) and trade (+2,3%). Decreases were reported for community, social and personal services (excluding government institutions) (-6,5%), followed by real estate and other business services (excluding financial intermediation and insurance) (-5,2%) and construction (-4,2%).

Total capital expenditure on property, plant and equipment for the third quarter of 2009 was estimated at  R62 329 million, compared with R62 569 million for the revised second quarter of 2009, a decrease of 0,4%. The largest decrease was reported for mining and quarrying (-20,9%), followed by community, social and personal services (excluding government institutions) (-12,2%), real estate and other business services (excluding financial intermediation and insurance) (-7,2%), construction (-1,7%) and manufacturing (-0,8%). Increases were reported for transport, storage and communication (+18,0%), followed by trade (+9,3%) and electricity, gas and water supply (+6,2%).

Turnover of all industries decreased by 13,6% between the third quarters of 2008 and 2009. The largest decrease was reported for mining and quarrying (-28,4%), followed by trade (-18,1%), manufacturing   (-11,3%), real estate and other business services (excluding financial intermediation and insurance)     (-11,2%), construction (-8,7%) and transport, storage and communication (-7,4%). Increases were reported for electricity, gas and water supply (+20,9%) and community, social and personal services (excluding government institutions) (+11,6%).

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