IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Production: results for March 2022

Manufacturing production decreased by 0,8% in March 2022 compared with March 2021. The largest negative contributions were made by the following divisions:

·        motor vehicles, parts and accessories and other transport equipment (-11,3% and contributing -1,3 percentage points); and

·        food and beverages (-2,6% and contributing -0,6 of a percentage point).

The petroleum, chemical products, rubber and plastic products division (4,1% and contributing 0,9 of a percentage point) was a significant positive contributor.

Seasonally adjusted manufacturing production increased by 0,6% in March 2022 compared with February 2022. This followed month-on-month changes of -1,5% in February 2022 and 2,6% in January 2022.

Seasonally adjusted manufacturing production increased by 4,7% in the first quarter of 2022 compared with the fourth quarter of 2021. Seven of the ten manufacturing divisions reported positive growth rates over this period.

The largest contributions were made by the following divisions:

·        petroleum, chemical products, rubber and plastic products (7,6% and contributing 1,6 percentage points);

·        food and beverages (5,0% and contributing 1,2 percentage points);

·        basic iron and steel, non-ferrous metal products, metal products and machinery (5,7% and contributing 1,1 percentage points); and

·        motor vehicles, parts and accessories and other transport equipment (10,6% and contributing 1,0 percentage point).

Sales: results for March 2022

Seasonally adjusted manufacturing sales increased by 2,8% in March 2022 compared with February 2022. This followed month-on-month changes of 0,2% in February 2022 and 4,0% in January 2022.

Seasonally adjusted manufacturing sales increased by 9,4% in the first quarter of 2022 compared with the fourth quarter of 2021. The largest contributions were made by the following divisions:

·        basic iron and steel, non-ferrous metal products, metal products and machinery (12,9% and contributing 3,1 percentage points);

·        motor vehicles, parts and accessories and other transport equipment (23,6% and contributing 2,8 percentage points); and

·        petroleum, chemical products, rubber and plastic products (9,4% and contributing 1,7 percentage points).