IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Manufacturing production increased by 2,5% in October 2012 compared with October 2011.

The 2,5% year-on-year increase in manufacturing production in October 2012 was mainly due to higher production in the following divisions:

• petroleum, chemical products, rubber and plastic products (11,8% and contributing 2,7 percentage points);
• wood and wood products, paper, publishing and printing (10,6% and contributing 1,0 percentage point);
• furniture and `other` manufacturing groups (6,3% and contributing 0,3 of a percentage point); and
• radio, television and communication apparatus and professional equipment (6,9% and contributing 0,1 of a percentage point).

Seasonally adjusted manufacturing production in the three months ended October 2012 increased by 0,3% 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 0,3% were made by the following divisions:

• wood and wood products, paper, publishing and printing (7,5% and contributing 0,7 of a percentage point);
• petroleum, chemical products, rubber and plastic products (2,6% and contributing 0,7 of a percentage point); and
• basic iron and steel, non-ferrous metal products, metal products and machinery (2,9% and contributing 0,6 of a percentage point).