Key findings: P0044 - Quarterly financial statistics (QFS), June 2011

The total turnover of all industries1 for the second quarter of 2011 was estimated at R1 387 084 million (R1,39 trillion), an increase of 2,8% compared with the revised first quarter of 2011 (R1 348 926 million or R1,35 trillion).

Between the first and second quarters of 2011, turnover increased in seven of the eight industries covered in the survey. The largest increase in turnover was recorded for electricity, gas and water supply (+28,6%), followed by transport, storage and communication (+4,9%), manufacturing (+2,9%), trade (+2,3%), mining and quarrying (+1,8%), community, social and personal services (excluding government institutions) (+1,2%) and construction (+0,7%). A decrease was recorded for real estate and other business services (excluding financial intermediation and insurance) (-0,4%).

Total inventories at the end of the second quarter of 2011 were estimated at R511 948 million, compared with R504 064 million for the revised first quarter of 2011, an increase of 1,6%. The largest increase in inventories was recorded for construction (+11,4%), followed by transport, storage and communication (+7,2%), manufacturing (+6,3%), mining and quarrying (2,9%), community, social and personal services (excluding government institutions) (+2,4%) and real estate and other business services (excluding financial intermediation and insurance) (+1,5%). Decreases were recorded for trade (-4,7%) and electricity, gas and water supply (-0,3%).

Purchases for the second quarter of 2011 were estimated at R812 057 million, compared with        R796 195 million for the revised first quarter of 2011, an increase of 2,0%. The largest increase in purchases was recorded for electricity, gas and water supply (+9,9%), followed by transport, storage and communication (+7,9%), manufacturing (+3,3%), real estate and other business services (excluding financial intermediation and insurance) (+3,1%), mining and quarrying (+2,7%), construction (+2,1%) and community, social and personal services (excluding government institutions) (+0,6%). A decrease was recorded for trade (-0,2%).

Total capital expenditure on property, plant and equipment for the second quarter of 2011 was estimated at R59 674 million, compared with R63 957 million for the revised fourth quarter of 2011, a decrease of 6,7%. The largest decrease was recorded for electricity, gas and water supply (-30,7%), followed by transport, storage and communication (-25,9%), community, social and personal services (excluding government institutions) (-16,5%) and construction (-9,9%). Increases were recorded for trade (+30,5%), followed by manufacturing (-22,6%), mining and quarrying (+16,0%) and real estate and other business services (excluding financial intermediation and insurance) (+11,0%).

Turnover of all industries for the second quarter of 2011 was estimated at R1 387 084 million, compared with R1 273 659 million for the revised first quarter of 2011, an increase of 8,9%. The largest increase was recorded for electricity, gas and water supply (+25,9%), followed by mining and quarrying (+11,2%), transport, storage and communication (+10,6%), trade (+10,3%), manufacturing (+9,8%), real estate and other business services (excluding financial intermediation and insurance) (+8,3%) and community, social and personal services (excluding government institutions) (+4,7%). A decrease was recorded for construction (-14,4%).


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