Key findings: P3041.2 - Manufacturing: Production and sales, September 2007

Manufacturing production for the first nine months of 2007 recorded growth of 4,4% compared with the first nine months of 2006, down from the average year on year increase of 5,1% up to August 2007. Due to lower production in September 2007, the estimated seasonally adjusted manufacturing production for the third quarter of 2007 decreased by 0,6% compared with the second quarter of 2007. Lower production levels were reported by five of the ten manufacturing divisions. Strike action within the motor vehicle parts and accessories industries during September 2007 was the main contributor to the decrease in manufacturing production.

 
The estimated total value of sales of manufactured products at current prices for the third quarter of 2007 increased by 0,1% (R280 million), after seasonal adjustment, compared with the second quarter of 2007.