IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Production: results for April 2023

Manufacturing production increased by 3,4% in April 2023 compared with April 2022. The largest contributions were made by the following divisions:

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

·        food and beverages (4,6% and contributing 1,0 percentage point);

·        petroleum, chemical products, rubber and plastic products (2,8% and contributing 0,6 of a percentage point); and

·        motor vehicles, parts and accessories and other transport equipment (5,0% and contributing 0,5 of a percentage point).

Seasonally adjusted manufacturing production increased by 0,5% in April 2023 compared with March 2023. This followed month-on-month changes of 3,4% in March 2023 and -1,6% in February 2023.

Seasonally adjusted manufacturing production increased by 1,2% in the three months ended April 2023 compared with the previous three months. Four of the ten manufacturing divisions reported positive growth rates over this period. The largest contribution was made by the petroleum, chemical products, rubber and plastic products division (7,9% and contributing 1,6 percentage points).

Sales: results for April 2023

Seasonally adjusted manufacturing sales decreased by 0,3% in April 2023 compared with March 2023. This followed month-on-month changes of 3,7% in March 2023 and 1,9% in February 2023.

Seasonally adjusted manufacturing sales increased by 5,0% in the three months ended April 2023 compared with the previous three months. The largest contributions were made by the follow divisions:

·        petroleum, chemical products, rubber and plastic products (13,5% and contributing 2,7 percentage points); and

·        food and beverages (6,4% and contributing 1,5 percentage points).