IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Manufacturing production increased by 5,8% in July 2012 compared with July 2011.

The 5,8% year-on-year increase in manufacturing production in July 2012 was mainly due to higher production in the following divisions:

• petroleum, chemical products, rubber and plastic products (6,9% and contributing 1,7 percentage points);
• basic iron and steel, non-ferrous metal products, metal products and machinery (9,0% and contributing 1,7 percentage points); and
• food and beverages (7,4% and contributing 1,3 percentage points).

Seasonally adjusted manufacturing production for the three months ended July 2012 increased by 0,1% compared with the previous three months. Five of the ten manufacturing divisions reported positive growth rates over this period.

The largest contributions to the increase of 0,1% were made by the following divisions:

• motor vehicles, parts and accessories and other transport equipment (3,7% and contributing 0,4 of a percentage point);
• food and beverages (2,2% and contributing 0,4 of a percentage point);
• petroleum, chemical products, rubber and plastic products (1,3% and contributing 0,3 of a percentage point); and
• electrical machinery (9,7% and contributing 0,3 of a percentage point).

These increases were to a large extent counteracted by lower production recorded for the basic iron and steel, non-ferrous metal products, metal products and machinery division (-6,4% and contributing -1,3 percentage points).