IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Production: results for August 2022

Manufacturing production increased by 1,4% in August 2022 compared with August 2021. The largest positive contributions were made by the following divisions:

·        motor vehicles, parts and accessories and other transport equipment (21,2% and contributing 1,9 percentage points); and

·        basic iron and steel, non-ferrous metal products, metal products and machinery (4,9% and contributing 1,0 percentage point).

The largest negative contribution was made by the food and beverages division (-4,9% and contributing -1,1 percentage points).

Seasonally adjusted manufacturing production increased by 2,1% in August 2022 compared with July 2022. This followed month-on-month changes of -0,1% in July 2022 and -2,1% in June 2022.

Seasonally adjusted manufacturing production decreased by 2,9% in the three months ended August 2022 compared with the previous three months. Six of the ten manufacturing divisions reported negative growth rates over this period.

The largest contribution was made by the petroleum, chemical products, rubber and plastic products division (-11,9% and contributing -2,7 percentage points).

Sales: results for August 2022

Seasonally adjusted manufacturing sales increased by 0,5% in August 2022 compared with July 2022. This followed month-on-month changes of -0,1% in July 2022 and -0,6% in June 2022.

Seasonally adjusted manufacturing sales increased by 0,5% in the three months ended August 2022 compared with the previous three months. The largest contributions were made by the following divisions:

·        wood and wood products, paper, publishing and printing (9,0% and contributing 0,5 of a percentage point); and

·        food and beverages (1,8% and contributing 0,4 of a percentage point).