Production: results for September 2023

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

·        food and beverages (-10,5% and contributing -2,6 percentage points); and

·        motor vehicles, parts and accessories and other transport equipment (-19,7% and contributing -2,3 percentage points).

Seasonally adjusted manufacturing production decreased by 0,5% in September 2023 compared with August 2023. This followed month-on-month changes of 0,4% in August 2023 and -1,6% in July 2023.

Seasonally adjusted manufacturing production decreased by 1,2% in the third quarter of 2023 compared with the second quarter of 2023. Eight of the ten manufacturing divisions reported negative growth rates over this period.

The largest negative contributions were made by the following divisions:

·        food and beverages (-3,1% and contributing -0,7 of a percentage point); and

·        petroleum, chemical products, rubber and plastic products (-2,1% and contributing -0,4 of a percentage point).

Sales: results for September 2023

Seasonally adjusted manufacturing sales increased by 2,2% in the third quarter of 2023 compared with the second quarter of 2023.

The largest positive contributions were made by the following divisions:

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

·        motor vehicles, parts and accessories and other transport equipment (6,8% and contributing 1,0 percentage point).