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

Manufacturing production increased by 2,2% in October 2014 compared with October 2013.

The 2,2% year-on-year increase in manufacturing production in October 2014 was mainly due to higher production in the following divisions:

  • motor vehicles, parts and accessories and other transport equipment (10,3% and contributing 0,9 of a percentage point);
  • food and beverages (2,1% and contributing 0,5 of a percentage point); and
  • petroleum, chemical products and rubber and plastic products (1,6% and contributing 0,4 of a percentage point).

Seasonally adjusted manufacturing production increased by 3,8% in the three months ended October 2014 compared with the previous three months. Nine of the ten manufacturing divisions reported positive growth rates over this period.

The main contributors to the 3,8% increase were the motor vehicles, parts and accessories and other transport equipment division (20,0% and contributing 1,6 percentage points) and the basic iron and steel, non-ferrous metal products, metal products and machinery division (5,8% and contributing 1,1 percentage points).