Key findings: P0044 - Quarterly financial statistics (QFS), March 2013

The total turnover of all industries1 for the first quarter of 2013 was estimated at R1 615 032 million (R1,62 trillion), a decrease of 2,7% compared with the revised fourth quarter of 2012 (R1 659 654 million or R1,66 trillion).

Between the fourth quarter of 2012 and the first quarter of 2013, turnover decreased in five of the eight industries covered in the survey. The largest decrease in turnover was recorded for construction (-7,3%), followed by trade (-4,8%), electricity, gas and water supply (-2,9%), manufacturing (-2,8%) and  transport, storage and communication (-1,6%). Increases were recorded for mining and quarrying (+4,1%), followed by community, social and personal services (excluding government institutions) (+2,1%) and  real estate and other business services (excluding financial intermediation and insurance) (+0,3%).

Total capital expenditure on property, plant and equipment for the first quarter of 2013 was estimated at R56 044 million, compared with R77 772 million for the revised fourth quarter of 2012, a decrease of 27,9%. The largest decrease was recorded for electricity, gas and water supply         (-58,6%), followed by manufacturing (-42,9%), mining and quarrying (-31,3%), trade (-19,7%) and transport, storage and communication (-4,0%). Increases were recorded for real estate and other business services (excluding financial intermediation and insurance) (+16,4%), followed by  construction (+15,7%) and community, social and personal services (excluding government institutions) (+14,4%).

Total inventories at the end of the first quarter of 2013 were estimated at R586 408 million, compared with R568 290 million for the revised fourth quarter of 2012, an increase of 3,2%. The largest  increase in inventories was recorded for manufacturing (+4,7%), followed by electricity, gas and water supply (+3,6%), trade (+2,9%), construction (+1,9%), mining and quarrying (+1,8%) and community, social and personal services (excluding government institutions) (+0,7%). Decreases were recorded for transport, storage and communication (-6,9%) and real estate and other business services (excluding financial intermediation and insurance) (-5,0%).

Turnover of all industries for the first quarter of 2013 was estimated at R1 615 032 million, compared with R1 545 094 million for the first quarter of 2012, an increase of 4,5%. The largest increase in turnover was recorded for real estate and other business services (excluding financial intermediation and insurance) (+15,3%), followed by electricity, gas and water supply (+9,8%), mining and quarrying (+6,6%), transport, storage and communication (+5,4%), manufacturing (+4,3%), community, social and personal services (excluding government institutions) (+2,7%) and trade (+1,8%). A decrease was recorded for construction (-0,9%).


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