Key findings: P0044 - Quarterly financial statistics (QFS), June 2012

The total turnover of all industries1 for the second quarter of 2012 was estimated at R1 586 641 million (R1,59 trillion), an increase of 2,7% compared with the revised first quarter of 2012 (R1 545 094 million or R1,55 trillion).

Between the first and second quarters of 2012, 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 (+20,8%), followed by construction (+7,8%), trade (+2,7%), manufacturing (+2,3%),  transport, storage and communication (+2,2%), real estate and other business services (excluding financial intermediation and insurance) (+1,5%) and mining and quarrying (+0,5%). A decrease was recorded for community, social and personal services (excluding government institutions) (-2,4%).

Total inventories at the end of the second quarter of 2012 were estimated at R561 359 million, compared with R555 318 million for the revised first quarter of 2012, an increase of 1,1%. The largest increase in inventories was recorded for transport, storage and communication (+10,5%), followed by mining and quarrying (+9,3%), construction (+5,9%), community, social and personal services (excluding government institutions) (+1,8%), electricity, gas and water supply (+0,8%), real estate and other business services (excluding financial intermediation and insurance) (+0,2%) and manufacturing (+0,1%). A decrease was recorded for trade (-0,5%).

Purchases for the second quarter of 2012 were estimated at R924 812 million, compared with R925 110 million for the revised first quarter of 2012. The largest decrease in purchases was recorded for electricity, gas and water supply (-13,1%), followed by community, social and personal services (excluding government institutions) (-5,1%) and manufacturing (-2,7%). Increases were recorded for construction (+6,4%), real estate and other business services (excluding financial intermediation and insurance) (+3,1%), transport, storage and communication (+2,3%), mining and quarrying (+1,8%) and trade (+1,5%).

Total capital expenditure on property, plant and equipment for the second quarter of 2012 was estimated at R72 311 million, compared with R67 126 million for the revised first quarter of 2012, an increase of 7,7%. The largest increase was recorded for mining and quarrying (+38,7%), followed by manufacturing (+12,1%), real estate and other business services (excluding financial intermediation and insurance) (+10,6%) and electricity, gas and water supply (+8,2%). Decreases were recorded for community, social and personal services (excluding government institutions) (-27,1%), transport, storage and communication (-13,3%), trade (-12,6%) and construction  (-1,7%).

Turnover of all industries for the second quarter of 2012 was estimated at R1 586 641 million, compared with R1 382 140 million for the revised second quarter of 2011, an increase of 14,8%. The largest increase was recorded for trade (+19,9%), followed by transport, storage and communication (+18,1%), community, social and personal services (excluding government institutions) (+14,3%), real estate and other business services (excluding financial intermediation and insurance) (+13,5%), manufacturing (+13,2%), construction (+10,5%), electricity, gas and water supply (+7,4%) and mining and quarrying (+2,0%).

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