Key findings: P3041.2 - Manufacturing: Production and sales, January 2012

Manufacturing production for January 2012 increased by 2,4% compared with January 2011.

The 2,4% year-on-year increase in manufacturing production for January 2012 was mainly due to higher production in the following divisions:

  • the food and beverages division (6,3% and contributing 1,1 percentage points);
  • the basic iron and steel, non-ferrous metal products, metal products and machinery division (4,1% and contributing 0,8 of a percentage point);
  • the glass and non-metallic mineral products division (12,2% and contributing 0,5 of a percentage point);
  • the wood and wood products, paper, publishing and printing division (5,2% and contributing 0,5 of a percentage point); and
  • the petroleum, chemical products, rubber and plastic products division (1,5% and contributing 0,4 of a percentage point).

Seasonally adjusted manufacturing production for the three months ended January 2012 increased by 0,4% compared with the previous three months ended October 2011. Four of the ten manufacturing divisions reported positive growth rates over this period.

The increase was driven mainly by higher production recorded for:

  • the wood and wood products, paper, publishing and printing division (9,4% and contributing 0,9 of a percentage point);
  • the basic iron and steel, non-ferrous metal products, metal products and machinery division (3,2% and contributing 0,6 of a percentage point);
  • the petroleum, chemical products, rubber and plastic products division (1,5% and contributing 0,4 of a percentage point); and
  • the glass and non-metallic mineral products division (1,4% and contributing 0,1 of a percentage point).

However, these increases were partially counteracted by decreases reported mainly by:

  • the motor vehicles, parts and accessories and other transport equipment division (-6,9% and contributing -0,8 of a percentage point); and
  • the furniture and other manufacturing division (-9,7% and contributing -0,4 of a percentage point).