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

Manufacturing production for July 2011 decreased by 6,0% compared with July 2010.

The 6,0% year-on-year decrease in manufacturing production for July 2011 was mainly due to lower production in the basic iron and steel, non-ferrous metal products, metal products and machinery division
(-11,7% and contributing -2,4 percentage points), the petroleum, chemical products, rubber and plastic products division (-5,9% and contributing -1,5 percentage points), the wood and wood products, paper, publishing and printing division (-12,2% and contributing -1,2 percentage points), the motor vehicles, parts and accessories and other transport equipment division (-5,2% and contributing -0,6 of a percentage point) and the food and beverages division (-3,2% and contributing -0,5 of a percentage point).

Seasonally adjusted manufacturing production for the three months ended July 2011 decreased by 3,5% compared with the previous three months ended April 2011. Nine of the ten manufacturing divisions reported negative growth rates over this period.

The decrease was mainly driven by lower production in the basic iron and steel, non-ferrous metal products, metal products and machinery division (-7,1% and contributing -1,5 percentage points), the petroleum, chemical products, rubber and plastic products division (-3,9% and contributing -1,0 percentage point), the food and beverages division (-2,5% and contributing -0,4 of a percentage point), the wood and wood products, paper, publishing and printing division (-3,1% and contributing -0,3 of a percentage point) and the motor vehicles, parts and accessories and other transport equipment division (-2,8% and contributing -0,3 of a percentage point).