IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The total turnover of all industries1 for the second quarter of 2014 was estimated at R1 863 028 million (R1,86 trillion), representing a decrease of 0,5% compared with the revised first quarter of 2014 (R1 873 232 million or R1,87 trillion).

Between the first and second quarters of 2014, turnover decreased in four of the eight industries covered by the survey. The largest decrease in turnover was recorded for mining and quarrying      (-5,7%), followed by community, social and personal services (excluding government institutions)     (-4,5%), manufacturing (-2,5%) and trade (-0,2%). Increases were recorded for electricity, gas and water supply (+14,5%), construction (+4,4%), transport, storage and communication (+2,2%) and real estate and other business services (excluding financial intermediation and insurance) (+1,7%).

Total inventories at the end of the second quarter of 2014 were estimated at R690 896 million, compared with R673 081 million for the revised first quarter of 2014, representing an increase of 2,6%. The largest increase in inventories was recorded for electricity, gas and water supply (+34,5%), followed by construction (+8,2%), community, social and personal services (excluding government institutions) (+4,4%), manufacturing (+3,9%), transport, storage and communication (+2,5%), real estate and other business services (excluding financial intermediation and insurance) (+2,0%) and trade (+0,1%).  A decrease was recorded for mining and quarrying       (-0,9%).

Total capital expenditure on property, plant and equipment for the second quarter of 2014 was estimated at R86 321 million, compared with R106 518 million for the revised first quarter of 2014, amounting to a decrease of 19,0%. The largest decrease was recorded for electricity, gas and water supply (-55,1%), followed by transport, storage and communication (-31,7%), community, social and personal services (excluding government institutions) (-18,1%) and real estate and other business services (excluding financial intermediation and insurance) (-5,3%). Increases were recorded for manufacturing (+42,2%), mining and quarrying (+7,8%), trade (+3,6%) and construction (+3,0%).

Turnover of all industries for the second quarter of 2014 was estimated at R1 863 028 million, compared with R1 706 292 million for the second quarter of 2013, representing an increase of 9,2%. The largest increase in turnover was recorded for real estate and other business services (excluding financial intermediation and insurance) (+18,1%), followed by electricity, gas and water supply (+12,2%), manufacturing (+9,4%), trade (+8,6%), transport, storage and communication (+8,5%), construction (+7,8%), mining and quarrying (+1,9%) and community, social and personal services (excluding government institutions) (+1,0%).

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