Key findings: P3041.2 - Manufacturing: Production and sales, September 2024

Production: results for September 2024

 

Manufacturing production decreased by 0,8% in September 2024 compared with September 2023. The largest negative contribution was made by the motor vehicles, parts and accessories and other transport equipment division (-18,7% and contributing -1,7 percentage points).

 

The largest positive contributions were made by the following divisions:

·         petroleum, chemical products, rubber and plastic products (3,1% and contributing 0,6 of a percentage point); and

·         food and beverages (1,2% and contributing 0,3 of a percentage point).

 

Seasonally adjusted manufacturing production was flat in September 2024 compared with August 2024. This followed month-on-month changes of -0,7% in August 2024 and 1,7% in July 2024.

 

Seasonally adjusted manufacturing production increased by 0,2% in the third quarter of 2024 compared with the second quarter of 2024. Three of the ten manufacturing divisions reported positive growth rates over this period. The largest positive contribution was reported for the basic iron and steel, non-ferrous metal products, metal products and machinery division (3,6% and contributing 0,8 of a percentage point). The largest negative contribution was reported for the motor vehicles, parts and accessories and other transport equipment division (-5,7% and contributing -0,5 of a percentage point).

 

 

Sales: results for September 2024

 

Seasonally adjusted manufacturing sales decreased by 1,0% in September 2024 compared with August 2024. This followed month-on-month changes of -2,6% in August 2024 and 1,8% in July 2024.

 

Seasonally adjusted manufacturing sales decreased by 0,9% in the third quarter of 2024 compared with the second quarter of 2024. The largest negative contribution was made by the motor vehicles, parts and accessories and other transport equipment division (-13,3% and contributing -2,2 percentage points).

 

The largest positive contributions were made by the following divisions:

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

·         food and beverages (2,4% and contributing 0,6 of a percentage point).