IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The total turnover of all industries1 for the fourth quarter of 2014 was estimated at R2 030 411 million (R2,03 trillion), an increase of 0,9% compared with the revised third quarter of 2014 (R2 012 649 million or R2,01 trillion).

Between the third and fourth quarters of 2014 turnover increased in five of the eight industries covered by the survey. The largest increase in turnover was recorded for construction (+3,7%), followed by trade (+3,6%), transport, storage and communication (+1,9%), manufacturing (+1,4%) and community, social and personal services (excluding government institutions) (+1,1%). Decreases were recorded for electricity, gas and water supply (-22,4%), real estate and other business services (excluding financial intermediation and insurance) (-2,7%) and mining and quarrying (-1,3%).

Total inventories at the end of the fourth quarter of 2014 were estimated at R660 327 million, compared with R691 085 million for the revised third quarter of 2014, a decrease of 4,5%. Decreases in inventories were recorded for trade (-7,6%) and manufacturing (-5,8%). Increases were recorded for electricity, gas and water supply (+8,3%), mining and quarrying (+6,4%), real estate and other business services (excluding financial intermediation and insurance) (+1,6%), construction (+1,0%), community, social and personal services (excluding government institutions) (+0,3%) and transport, storage and communication (+0,1%).

Total capital expenditure on property, plant and equipment for the fourth quarter of 2014 was estimated at R90 311 million, compared with R93 619 million for the revised third quarter of 2014, a decrease of 3,5%. The largest decrease was recorded for community, social and personal services (excluding government institutions) (-38,0%), followed by transport, storage and communication      (-29,3%), electricity, gas and water supply (-28,0%) and construction (-1,4%). Increases were recorded for manufacturing (+39,1%), mining and quarrying (+21,3%), trade (+14,5%) and real estate and other business services (excluding financial intermediation and insurance) (+8,9%).

Turnover of all industries for the fourth quarter of 2014 was estimated at R2 030 411 million, compared with R1 897 247 million for the fourth quarter of 2013, an increase of 7,0%. The largest increase in turnover was recorded for real estate and other business services (excluding financial intermediation and insurance) (+36,5%), followed by construction (+22,8%), community, social and personal services (excluding government institutions) (+19,7%), electricity, gas and water supply (+8,9%) and trade (+7,1%). Decreases were recorded for mining and quarrying (-4,1%), manufacturing (-1,2%) and transport, storage and communication (-0,4%).

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