IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Manufacturing production decreased by 3,4% in January 2021 compared with January 2020. The largest negative contributions were made by the following divisions:

·        petroleum, chemical products, rubber and plastic products (-13,9% and contributing -3,4 percentage points);

·        food and beverages (-4,9% and contributing -1,5 percentage points); and

·        furniture and ‘other’ manufacturing (-12,1% and contributing -0,4 of a percentage point).

The motor vehicles, parts and accessories and other transport equipment division (28,1% and contributing 1,8 percentage points) was a significant positive contributor.

Seasonally adjusted manufacturing production increased by 0,5% in January 2021 compared with December 2020. This followed month-on-month changes of 0,6% in December 2020 and -1,1% in November 2020.

Seasonally adjusted manufacturing production increased by 2,2% in the three months ended January 2021 compared with the previous three months. Eight of the ten manufacturing divisions reported positive growth rates over this period.

The largest positive contributions were made by the following divisions:

·        motor vehicles, parts and accessories and other transport equipment (17,4% and contributing 1,3 percentage points);

·        basic iron and steel, non-ferrous metal products, metal products and machinery (5,5% and contributing 1,0 percentage point); and

·        wood and wood products, paper, publishing and printing (4,7% and contributing 0,5 of a percentage point).

The petroleum, chemical products, rubber and plastic products division (-5,0% and contributing -1,1 percentage points) was a significant negative contributor.