Production: results for November 2023

Manufacturing production increased by 1,9% in November 2023 compared with November 2022. The largest contributions were made by the following divisions:

·        wood and wood products, paper, publishing and printing (8,0% and contributing 0,8 of a percentage point); and

·        motor vehicles, parts and accessories and other transport equipment (5,7% and contributing 0,6 of a percentage point).

Seasonally adjusted manufacturing production increased by 0,8% in November 2023 compared with October 2023. This followed month-on-month changes of -0,1% in October 2023 and -0,5% in September 2023.

Seasonally adjusted manufacturing production decreased by 0,5% in the three months ended November 2023 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:

·        food and beverages (-2,0% and contributing -0,5 of a percentage point); and

·        basic iron and steel, non-ferrous metal products, metal products and machinery (-1,4% and contributing -0,3 of a percentage point).

Sales: results for November 2023

Seasonally adjusted manufacturing sales increased by 1,1% in November 2023 compared with October 2023. This followed month-on-month changes of -0,5% in October 2023 and -0,1% in September 2023.

Seasonally adjusted manufacturing sales increased by 2,1% in the three months ended November 2023 compared with the previous three months.

The largest contributions were made by the following divisions:

·        motor vehicles, parts and accessories and other transport equipment (8,6% and contributing 1,4 percentage points); and

·        petroleum, chemical products, rubber and plastic products (3,2% and contributing 0,7 of a percentage point).