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

In 2014 manufacturing production decreased by 0,1% compared with 2013. Lower production was reported by four of the ten manufacturing divisions.

The annual decrease of 0,1% was mainly due to lower production in the following divisions:

  • basic iron and steel, non-ferrous metal products, metal products and machinery (-3,0% and contributing  0,6 of a percentage point); and
  • glass and non-metallic mineral products (-5,8% and contributing -0,3 of a percentage point).

Manufacturing production increased by 1,1% in December 2014 compared with December 2013.

The 1,1% year-on-year increase in manufacturing production in December 2014 was mainly due to higher production in the food and beverages division (8,3% and contributing 2,4 percentage points).

Seasonally adjusted manufacturing production increased by 2,5% in the fourth quarter of 2014 compared with the third quarter of 2014. Eight of the ten manufacturing divisions reported positive growth rates over this period.

The main contributors to the 2,5% increase were the petroleum, chemical products, rubber and plastic products division (4,5% and contributing 1,0 percentage point) and the basic iron and steel, non-ferrous metal products, metal products and machinery division (3,8% and contributing 0,7 of a percentage point).