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

The total turnover of all industries1 for the fourth quarter of 2013 was estimated at R1 924 038 million (R1,92 trillion), an increase of 3,7% compared with the revised third quarter of 2013 (R1 855 788 million or R1,86 trillion).

Between the third quarter of 2013 and the fourth quarter of 2013, turnover increased in seven of the eight industries covered by the survey. The largest increase in turnover was recorded for manufacturing (+6,6%), followed by construction (+4,9%), trade (+4,6%), mining and quarrying (+3,1%), community, social and personal services (excluding government institutions) (+2,8%), transport, storage and communication (+2,2%) and real estate and other business services (excluding financial intermediation and insurance) (+0,9%). A decrease was recorded for electricity, gas and water supply (-23,2%).

Total inventories at the end of the fourth quarter of 2013 were estimated at R671 032 million, compared with R668 107 million for the revised third quarter of 2013, an increase of 0,4%. The largest increase in inventories was recorded for construction (+24,8%), followed by community, social and personal services (excluding government institutions) (+8,6%), trade (+5,0%) and real estate and other business services (excluding financial intermediation and insurance) (+0,7%). Decreases were recorded for manufacturing (-3,9%), electricity, gas and water supply (-1,4%), mining and quarrying (-0,6%) and transport, storage and communication (-0,1%).

Total capital expenditure on property, plant and equipment for the fourth quarter of 2013 was estimated at R92 216 million, compared with R75 492 million for the revised third quarter of 2013, an increase of 22,2%. The largest increase was recorded for transport, storage and communication (+70,9%), followed by mining and quarrying (+27,7%), manufacturing (+26,7%) and trade (+15,0%). Decreases were recorded for community, social and personal services (excluding government institutions) (-54,3%), construction (-19,3%), electricity, gas and water supply (-6,4%) and real estate and other business services (excluding financial intermediation and insurance) (-0,5%).

Turnover of all industries for the fourth quarter of 2013 was estimated at R1 924 038 million, compared with R1 659 654 million for the fourth quarter of 2012, an increase of 15,9%. The largest increase in turnover was recorded for construction (+25,7%), followed by real estate and other business services (excluding financial intermediation and insurance) (+21,5%), mining and quarrying (+19,3%), electricity, gas and water supply (+19,0%), manufacturing (+16,4%), transport, storage and communication (+15,2%), trade (+13,1%) and community, social and personal services (excluding government institutions) (+4,3%).

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