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

The total turnover of all industries1 for the third quarter of 2011 was estimated at R1 452 341 million (R1,45 trillion), an increase of 5,1% compared with the revised second quarter of 2011 (R1 382 140 million or R1,38 trillion).

Between the second and third 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 (+29,9%), followed by trade (+6,3%), manufacturing (+5,8%), community, social and personal services (excluding government institutions) (+2,8%), transport, storage and communication (+2,4%), mining and quarrying (+1,3%) and real estate and other business services (excluding financial intermediation and insurance) (+1,2%). A decrease was recorded for construction (-1,2%).

Total inventories at the end of the third quarter of 2011 were estimated at R539 505 million, compared with R512 690 million for the revised second quarter of 2011, an increase of 5,2%. The largest increase in inventories was recorded for transport, storage and communication (+10,7%), followed by electricity, gas and water supply (+9,3%), manufacturing (+8,7%), mining and quarrying (+3,6%), community, social and personal services (excluding government institutions) (+3,5%), real estate and other business services (excluding financial intermediation and insurance) (+2,9%) and trade (+1,9%). A decrease was recorded for construction (-8,9%).

Purchases for the third quarter of 2011 were estimated at R858 598 million, compared with R805 343 million for the revised second quarter of 2011, an increase of 6,6%. The largest increase in purchases was recorded for trade (+10,1%), followed by electricity, gas and water supply (+7,1%), mining and quarrying (+6,8%), manufacturing (+5,3%), community, social and personal services (excluding government institutions) (+5,0%), real estate and other business services (excluding financial intermediation and insurance) (+2,7%) and transport, storage and communication (+2,6%). A decrease was recorded for construction (-8,3%).

Total capital expenditure on property, plant and equipment for the third quarter of 2011 was estimated at R62 236 million, compared with R58 996 million for the revised second quarter of 2011, an increase of 5,5%. The largest increase was recorded for electricity, gas and water supply (+25,3%), followed by transport, storage and communication (+22,5%), community, social and personal services (excluding government institutions) (+14,6%), construction (+11,2%) and trade (+7,5%). Decreases were recorded for manufacturing (-12,4%), followed by mining and quarrying (-11,4%) and real estate and other business services (excluding financial intermediation and insurance) (-4,4%).

Turnover of all industries for the third quarter of 2011 was estimated at R1 452 341 million, compared with R1 324 496 million for the revised third quarter of 2010, an increase of 9,7%. The largest increase was recorded for electricity, gas and water supply (+23,3%), followed by manufacturing (+12,1%), mining and quarrying (+11,3%), trade (+10,7%), real estate and other business services (excluding financial intermediation and insurance) (+7,6%), community, social and personal services (excluding government institutions) (+3,8%) and transport, storage and communication (+3,6%). A decrease was recorded for construction (-5,6%).

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