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

Manufacturing production recovered in October 2007 to a record level on both an actual and a seasonally adjusted basis, after declining in September 2007 due mainly to strike action within the motor vehicles, parts and accessories and other transport equipment division.

Manufacturing production for the first ten months of 2007 recorded growth of 4,4% compared with the first ten months of 2006. However, the estimated seasonally adjusted manufacturing production for the three months ended October 2007 decreased by 0,7% compared with the previous three months. Lower production levels were reported by six of the ten manufacturing divisions.
 
The estimated total value of sales of manufactured products at current prices for three months ended October 2007 increased by 0,9% (R2 502 million), after seasonal adjustment, compared with the previous three months.