Key findings: P3041.2 - Manufacturing: Production and sales, June 2014

Manufacturing production increased by 0,5% in June 2014 compared with June 2013.

The 0,5% year-on-year increase in manufacturing production in June 2014 was mainly due to higher production in the following divisions:

  • petroleum, chemical products, rubber and plastic products (3,9% and contributing 0,9 of a percentage point); and
  • food and beverages (3,2% and contributing 0,7 of a percentage point).

 

The motor vehicles, parts and accessories and other transport equipment division (-11,3% and contributing -1,1 percentage points) was a significant negative contributor.

Seasonally adjusted manufacturing production decreased by 0,4% in the second quarter of 2014 compared with the first quarter of 2014. Six of the ten manufacturing divisions reported negative growth rates over this period.

The largest negative contributions to the decrease of 0,4% were made by the following divisions:

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