Key findings: P3041.2 - Manufacturing: Production and sales, April 2022

Production: results for April 2022

 

Manufacturing production decreased by 7,8% in April 2022 compared with April 2021. The largest contributions were made by the following divisions:

·        motor vehicles, parts and accessories and other transport equipment (-28,6% and contributing -3,3 percentage points);

·        petroleum, chemical products, rubber and plastic products (-10,3% and contributing -2,2 percentage points);

·        food and beverages (-3,7% and contributing -0,9 of a percentage point); and

·        basic iron and steel, non-ferrous metal products, metal products and machinery (-4,4% and contributing -0,9 of a percentage point).

 

Seasonally adjusted manufacturing production decreased by 5,4% in April 2022 compared with March 2022. This followed month-on-month changes of 0,3% in March 2022 and -1,5% in February 2022.

 

Seasonally adjusted manufacturing production decreased by 0,9% in the three months ended April 2022 compared with the previous three months. Seven of the ten manufacturing divisions reported negative growth rates over this period.

 

The largest negative contributions were made by the following divisions:

·        wood and wood products, paper, publishing and printing (-6,3% and contributing -0,6 of a percentage point);

·        basic iron and steel, non-ferrous metal products, metal products and machinery (-2,1% and contributing -0,4 of a percentage point); and

·        motor vehicles, parts and accessories and other transport equipment (-3,3% and contributing -0,3 of a percentage point).

The petroleum, chemical products, rubber and plastic products division was a significant positive contributor (2,6% and contributing 0,6 of a percentage point).

 

Sales: results for April 2022


Seasonally adjusted manufacturing sales decreased by 3,2% in April 2022 compared with March 2022. This followed month-on-month changes of 3,1% in March 2022 and -0,2% in February 2022.


Seasonally adjusted manufacturing sales increased by 4,2% in the three months ended April 2022 compared with the previous three months. The largest contributions were made by the following divisions:

·        motor vehicles, parts and accessories and other transport equipment (15,2% and contributing 1,9 percentage points); and

·        petroleum, chemical products, rubber and plastic products (6,8% and contributing 1,2 percentage points).