IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Manufacturing production for May 2011 increased by 0,6% compared with May 2010.

Manufacturing production increased by 0,6% year-on-year in May 2011, slightly higher than the revised 0,2% increase in April 2011 compared with April 2010. The 0,6% increase was driven by higher production in the basic iron and steel, non-ferrous metal products, metal products and machinery division (5,9% and contributing 1,2 percentage points) and the petroleum, chemical products, rubber and plastic products division (3,1% and contributing 0,7 of a percentage point).

However, these increases were partially counteracted by noteworthy decreases reported in the food and beverages division (-4,2% and contributing -0,7 of a percentage point), the textiles, clothing, leather and footwear division (-8,5% and contributing -0,4 of a percentage point) and the motor vehicles, parts and accessories and other transport equipment division (-3,4% and contributing -0,4 of a percentage point).

Seasonally adjusted manufacturing production for the three months ended May 2011 increased by 0,5% compared with the previous three months ended February 2011. Five of the ten manufacturing divisions reported positive growth rates over this period.

The increase was mainly due to higher production in the basic iron and steel, non-ferrous metal products, metal products and machinery division (6,5% and contributing 1,3 percentage points), the petroleum, chemical products, rubber and plastic products division (2,8% and contributing 0,7 of a percentage point) and the furniture and other manufacturing division (8,9% and contributing 0,4 of a percentage point).