Key findings: P3041.2 - Manufacturing: Production and sales, July 2016

Manufacturing: Production and sales
Preliminary: July 2016

Manufacturing production increased by 0,4% in July 2016 compared with July 2015. This was mainly due to higher production in the petroleum, chemical products, rubber and plastic products division (8,1% and contributing 1,8 percentage points).

The following divisions had the largest negative contributions in July 2016 compared with July 2015:

  • basic iron and steel, non-ferrous metal products, metal products and machinery (-4,9% and contributing -0,9 of a percentage point);
  • electrical machinery (-13,7% and contributing -0,3 of a percentage point);
  • motor vehicles, parts and accessories and other transport equipment (-3,8% and contributing -0,3 of a percentage point); and
  • food and beverages (-0,8% and contributing -0,2 of a percentage point).

Seasonally adjusted manufacturing production decreased by 1,5% in July 2016 compared with June 2016. This followed month-on-month changes of 0,7% in June 2016 and 1,4% in May 2016.

Seasonally adjusted manufacturing production increased by 1,7% in the three months ended July 2016 compared with the previous three months. Eight of the ten manufacturing divisions reported positive growth rates over this period.

The largest contributions to the 1,7% increase were made by the following divisions:

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