Key findings: P3041.2 - Manufacturing: Production and sales, October 2021

Production: results for October 2021

 

Manufacturing production decreased by 8,9% in October 2021 compared with October 2020. The largest negative contributions were made by the following divisions:

·        petroleum, chemical products, rubber and plastic products (-17,5% and contributing -4,1 percentage points);

·        basic iron and steel, non-ferrous metal products, metal products and machinery (-14,1% and contributing -2,7 percentage points); and

·        motor vehicles, parts and accessories and other transport equipment (-13,4% and contributing -1,2 percentage points).

 

Seasonally adjusted manufacturing production decreased by 5,9% in October 2021 compared with September 2021. This followed month-on-month changes of 3,0% in September 2021 and 7,2% in August 2021.

 

Seasonally adjusted manufacturing production increased by 0,9% in the three months ended October 2021 compared with the previous three months. Five of the ten manufacturing divisions reported positive growth rates over this period.

 

The largest positive contributions were made by the following divisions:

·        food and beverages (5,8% and contributing 1,4 percentage points); and

·        petroleum, chemical products, rubber and plastic products (6,5% and contributing 1,3 percentage points).

 

The largest negative contributions were made by the following divisions:

·        motor vehicles, parts and accessories and other transport equipment (-11,2% and contributing -1,1 percentage points); and

·        basic iron and steel, non-ferrous metal products, metal products and machinery (-5,3% and contributing -1,1 percentage points).

 

 

Sales: results for October 2021

 

Seasonally adjusted manufacturing sales decreased by 5,8% in October 2021 compared with September 2021. This followed month-on-month changes of 3,6% in September 2021 and 8,8% in August 2021.