IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Manufacturing production decreased by 2,0% in December 2016 compared with December 2015. This decrease was mainly due to lower production in the following divisions:

• food and beverages (-6,2% and contributing -2,0 percentage points); and
• petroleum, chemical products, rubber and plastic products (-2,3% and contributing -0,6 of a percentage point).

Seasonally adjusted manufacturing production increased by 0,3% in December 2016 compared with November 2016. This followed month-on-month changes of 0,3% in November 2016 and -2,0% in October 2016.

In 2016, total manufacturing production increased by 0,8% compared with 2015. The largest contributions were made by the following divisions:

• petroleum, chemical products, rubber and plastic products (3,9% and contributing 0,9 of a percentage point);
• wood and wood products, paper, publishing and printing (3,3% and contributing 0,4 of a percentage point); and
• basic iron and steel, non-ferrous metal products, metal products and machinery (-1,7% and contributing -0,3 of a percentage point).

Seasonally adjusted manufacturing production decreased by 1,1% in the fourth quarter of 2016 compared with the third quarter of 2016. Seven of the ten manufacturing divisions reported negative growth rates over this period.

The following divisions made the largest negative contributions to the 1,1% decrease:

• petroleum, chemical products, rubber and plastic products (-2,1% and contributing -0,5 of a percentage point);
• motor vehicles, parts and accessories and other transport equipment (-7,1% and contributing -0,5 of a percentage point); and
• food and beverages (-1,5% and contributing -0,4 of a percentage point).