IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The total turnover of quarterly financial statistics (QFS) industries1 in the second quarter of 2015 was estimated at R1 973 004 million (R1,97 trillion), an increase of 1,6% compared with the first quarter of 2015 (R1 941 165 million or R1,94 trillion).

Between the first and second quarters of 2015 turnover increased in five of the eight industries covered by the survey. The largest percentage increase in turnover was recorded in electricity, gas and water supply (+15,9%), followed by mining and quarrying (+2,9%), trade (+2,0%), manufacturing (+1,4%) and transport, storage and communication (+1,3%). Decreases were recorded in construction (-1,4%), community, social and personal services (excluding government institutions) (-0,2%) and real estate and other business services (excluding financial intermediation and insurance) (-0,1%).

Total closing inventories at the end of the second quarter of 2015 were estimated at R704 901 million, an increase of 2,9% compared with R684 929 million at the end of the first quarter of 2015. Increases were recorded in transport, storage and communication (+8,6%), construction (+4,1%), manufacturing (+3,9%), trade (+2,5%), electricity, gas and water supply (+2,3%) and real estate and other business services (excluding financial intermediation and insurance) (+1,4%). A decrease in inventories was recorded in mining and quarrying (-0,7%).

Total capital expenditure on property, plant and equipment was estimated at R88 075 million in the second quarter of 2015, an increase of 3,4% compared with R85 149 million in the first quarter of 2015. The largest percentage increase was recorded in manufacturing (+20,8%), followed by real estate and other business services (excluding financial intermediation and insurance) (+15,2%), and mining and quarrying (+12,3%). Decreases were recorded in electricity, gas and water supply (-11,6%), trade (-5,2%), construction (-3,5%), community, social and personal services (excluding government institutions) (-1,8%) and transport, storage and communication (-0,8%).

Turnover was estimated at R1 973 004 million in the second quarter of 2015, an increase of 4,8% compared with R1 883 341 million in the second quarter of 2014. The largest percentage increase in turnover was recorded in community, social and personal services (excluding government institutions) (+27,5%), followed by construction (+18,8%), real estate and other business services (excluding financial intermediation and insurance) (+12,6%), electricity, gas and water supply (+9,4%), trade (+7,8%), transport, storage and communication (+1,5%) and mining and quarrying (1,5%). A decrease was recorded in manufacturing (-3,8%).

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