Key findings: P3041.2 - Manufacturing: Production and sales, January 2011

Manufacturing production for January 2011 increased by 1,3% compared with January 2010.

Manufacturing production increased by 1,3% year-on-year in January 2011, higher than the 0,2% increase in December 2010 compared with December 2009. The increase of 1,3% was driven by higher production in the motor vehicles, parts and accessories and other transport equipment division (9,9% and contributing 1,0 percentage point), the food and beverages division (4,8% and contributing 0,8 of a percentage point), the petroleum, chemical products, rubber and plastic products division (1,4% and contributing 0,4 of a percentage point) and the wood and wood products, paper, publishing and printing division (3,3% and contributing 0,3 of a percentage point).

Seasonally adjusted manufacturing production for the three months ended January 2011 increased by 3,1% compared with the previous three months ended October 2010. Five of the ten manufacturing divisions reported positive growth rates over this period.

The increase was mainly due to higher production in the motor vehicles, parts and accessories and other transport equipment division (28,5% and contributing 2,7 percentage points), the basic iron and steel, non-ferrous metal products, metal products and machinery division (3,5% and contributing 0,7 of a percentage point) and the furniture and