Production: results for November 2024

Manufacturing production decreased by 2,6% in November 2024 compared with November 2023. The largest negative contributions were made by the following divisions:

·        motor vehicles, parts and accessories and other transport equipment (-11,5% and contributing -1,2 percentage points);

·        basic iron and steel, non-ferrous metal products, metal products and machinery (-2,8% and contributing -0,6 of a percentage point);

·        wood and wood products, paper, publishing and printing (-4,4% and contributing -0,5 of a percentage point); and

·        textiles, clothing, leather and footwear (-7,5% and contributing -0,3 of a percentage point).

The largest positive contribution was made by the petroleum, chemical products, rubber and plastic products division (1,3% and contributing 0,3 of a percentage point).

Seasonally adjusted manufacturing production decreased by 1,1% in November 2024 compared with October 2024. This followed month-on-month changes of 0,8% in October 2024 and -0,3% in September 2024.

Seasonally adjusted manufacturing production decreased by 0,2% in the three months ended November 2024 compared with the previous three months. Four of the ten manufacturing divisions reported negative growth rates over this period. The largest negative contribution was reported for the food and beverages division (-3,4% and contributing -0,8 of a percentage point). The largest positive contributions were reported for the basic iron and steel, non-ferrous metal products, metal products and machinery division (1,5% and contributing 0,3 of a percentage point) and the furniture and other manufacturing division (5,3% and contributing 0,2 of a percentage point).

Sales: results for November 2024

Seasonally adjusted manufacturing sales decreased by 2,9% in November 2024 compared with October 2024. This followed month-on-month changes of 2,6% in October 2024 and -1,3% in September 2024.

Seasonally adjusted manufacturing sales decreased by 1,7% in the three months ended November 2024 compared with the previous three months. The largest negative contributions were made by the petroleum, chemical products, rubber and plastic products division (-4,6% and contributing -1,0 percentage point) and the motor vehicles, parts and accessories and other transport equipment division (-4,4% and contributing -0,7 of a percentage point).