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

Manufacturing production increased by 8,0% in September 2014 compared with September 2013.

The 8,0% year-on-year increase in manufacturing production in September 2014 was mainly due to higher production in the motor vehicles, parts and accessories and other transport equipment division (121,6% and contributing 5,8 percentage points). In September 2013 production in the automotive sector was adversely affected by industrial action.

The food and beverages division (6,1% and contributing 1,6 percentage points) was also a large positive contributor to the year-on-year increase.

Seasonally adjusted manufacturing production decreased by 1,3% in the third quarter of 2014 compared with the second quarter of 2014. Five of the ten manufacturing divisions reported negative growth rates over this period.

The largest negative contribution to the decrease of 1,3% was made by the basic iron and steel, non-ferrous metal products, metal products and machinery division (-6,1% and contributing  1,2 percentage points).