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

Manufacturing production decreased by 1,4% in May 2015 compared with May 2014.

The 1,4% year-on-year decrease in manufacturing production in May 2015 was mainly due to lower production in the following divisions:

  • basic iron and steel, non-ferrous metal products, metal products and machinery (-5,8% and contributing -1,2 percentage points); and
  • petroleum, chemical products, rubber and plastic products (-4,6% and contributing -1,1 percentage points).

Seasonally adjusted manufacturing production decreased by 0,3% in the three months ended May 2015 compared with the previous three months. Five of the ten manufacturing divisions reported negative growth rates over this period.

The largest negative contributions to the 0,3% quarter-on-quarter decrease in manufacturing production were made by the following divisions:

  • basic iron and steel, non-ferrous metal products, metal products and machinery (-1,9% and contributing -0,4 of a percentage point);
  • petroleum, chemical products, rubber and plastic products (-1,8% and contributing -0,4 of a percentage point); and
  • food and beverages (-1,0% and contributing -0,3 of a percentage point).