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

Manufacturing production increased by 2,0% in the second quarter of 2012 compared with the second quarter of 2011. Nine of the ten manufacturing divisions reported positive growth over this period.

The annual increase of 2,0% in the second quarter of 2012 was mainly due to higher production in the following divisions:

  • food and beverages (6,4% and contributing 1,1 percentage points);
  • motor vehicles, parts and accessories and other transport equipment (8,7% and contributing 0,9 of a percentage point); and
  • petroleum, chemical products, rubber and plastic products (3,5% and contributing 0,9 of a percentage point).

The basic iron and steel, non-ferrous metal products, metal products and machinery division decreased by 5,8% year-on-year in the second quarter of 2012 (contributing -1,2 percentage points).

Manufacturing production for June 2012 increased by 0,8% compared with June 2011.

The 0,8% year-on-year increase in manufacturing production in June 2012 was mainly due to higher production in the following divisions:

  • petroleum, chemical products, rubber and plastic products (4,3% and contributing 1,1 percentage points);
  • food and beverages (2,6% and contributing 0,4 of a percentage point); and
  • wood and wood products, paper, publishing and printing (2,4% and contributing 0,2 of a percentage point).

Seasonally adjusted manufacturing production decreased by 0,2% in the second quarter of 2012 compared with the first quarter of 2012. Five of the ten manufacturing divisions reported negative growth rates over this period.

The decrease was driven mainly by lower production recorded for:

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