Key findings: P3041.2 - Manufacturing: Production and sales, January 2015

Manufacturing production decreased by 2,3% in January 2015 compared with January 2014.

The 2,3% year-on-year decrease in manufacturing production in January 2015 was mainly due to lower production in the following divisions:

  • radio, television and communication apparatus and professional equipment (-27,9% and contributing -0,5 of a percentage point);
  • food and beverages (-1,8% and contributing -0,5 of a percentage point);
  • glass and non-metallic mineral products (-9,8% and contributing  0,4 of a percentage point); and
  • petroleum, chemical products, rubber and plastic products (-1,6% and contributing -0,4 of a percentage point.

Seasonally adjusted manufacturing production decreased by 0,6% in the three months ended January 2015 compared with the previous three months. Five of the ten manufacturing divisions reported negative growth rates over this period.

The main contributors to the 0,6% decrease were the motor vehicles, parts and accessories and other transport equipment division (-5,1% and contributing -0,5 of a percentage point) and the furniture and ‘other’ manufacturing division (-6,6% and contributing -0,3 of a percentage point).