IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The total turnover of all industries1 for the third quarter of 2014 was estimated at R1 955 690 million (R1,96 trillion), an increase of 4,2% compared with the revised second quarter of 2014 (R1 877 569 million or R1,88 trillion).

Between the second quarter and the third quarter of 2014 turnover increased in six of the eight industries covered by the survey. The largest increase in turnover was recorded for electricity, gas and water supply (+23,0%), followed by community, social and personal services (excluding government institutions (+14,2%), trade (+5,5%), transport, storage and communication (+4,0%), manufacturing (+3,5%) and construction (+2,1%). Decreases were recorded for mining and quarrying (-0,5%) and real estate and other business services (excluding financial intermediation and insurance) (-0,1%).

Total inventories at the end of the third quarter of 2014 were estimated at R710 896 million, compared with R702 505 million for the revised second quarter of 2014, an increase of 1,2%. The largest increase in inventories was recorded for trade (+5,5%), followed by construction (+3,7%), mining and quarrying (+1,5%), real estate and other business services (excluding financial intermediation and insurance) (+0,3%) and community, social and personal services (excluding government institutions) (+0,2%). Decreases were recorded for electricity, gas and water supply ( 9,0%), transport, storage and communication (-2,2%) and manufacturing (-1,7%).

Total capital expenditure on property, plant and equipment for the third quarter of 2014 was estimated at R108 031 million, compared with R87 209 million for the revised second quarter of 2014, an increase of 23,9%. The largest increase was recorded for electricity, gas and water supply (+91,8%), followed by transport, storage and communication (+41,6%), community, social and personal services (excluding government institutions) (+23,1%), real estate and other business services (excluding financial intermediation and insurance) (+8,5%) and mining and quarrying (+2,9%). Decreases were recorded for construction (-18,6%), trade (-6,7%) and manufacturing ( 3,5%).

Turnover of all industries for the third quarter of 2014 was estimated at R1 955 690 million, compared with R1 855 788 million for the third quarter of 2013, an increase of 5,4%. The largest increase in turnover was recorded for community, social and personal services (excluding government institutions) (+11,2%), followed by real estate and other business services (excluding financial intermediation and insurance) (+11,1%), trade (+5,9%), manufacturing (+5,8%), electricity, gas and water supply (+5,8%), construction (+3,5%) and transport, storage and communication (+1,2%). A decrease was recorded for mining and quarrying (-2,8%).

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