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

Production: results for June 2022

 

Manufacturing production decreased by 3,5% in June 2022 compared with June 2021. The largest contributions were made by the following divisions:

·        motor vehicles, parts and accessories and other transport equipment (-17,0% and contributing -1,8 percentage points);

·        food and beverages (-3,8% and contributing -0,8 of a percentage point); and

·        basic iron and steel, non-ferrous metal products, metal products and machinery (-2,9% and contributing -0,6 of a percentage point).

 

Seasonally adjusted manufacturing production decreased by 1,5% in June 2022 compared with May 2022. This followed month-on-month changes of 0,2% in May 2022 and -5,4% in April 2022.

 

Seasonally adjusted manufacturing production decreased by 5,5% in the second quarter of 2022 compared with the first quarter of 2022. Eight of the ten manufacturing divisions reported negative growth rates over this period.

 

The largest contributions were made by the following divisions:

·        petroleum, chemical products, rubber and plastic products (-6,4% and contributing -1,4 percentage points);

·        food and beverages (-5,6% and contributing -1,3 percentage points); and

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

 

Sales: results for June 2022

 

Seasonally adjusted manufacturing sales decreased by 0,2% in June 2022 compared with May 2022. This followed month-on-month changes of 3,0% in May 2022 and -3,5% in April 2022.

 

Seasonally adjusted manufacturing sales increased by 0,5% in the second quarter of 2022 compared with the first quarter of 2022. The largest contributions were made by the following divisions:

·        petroleum, chemical products, rubber and plastic products (6,7% and contributing 1,2 percentage points); and

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