Key findings: P3041.2 - Manufacturing: Production and sales, December 2018

Manufacturing production increased by 0,1% in December 2018 compared with December 2017. The largest positive contributions were made by the following divisions:

  • food and beverages (3,8% and contributing 1,1 percentage points);
  • motor vehicles, parts and accessories and other transport equipment (7,0% and contributing 0,4 of a percentage point); and
  • glass and non-metallic mineral products (9,7% and contributing 0,3 of a percentage point).

The largest negative contributions were made by the following divisions:

  • petroleum, chemical products, rubber and plastic products (-3,0% and contributing -0,8 of a percentage point); and
  • basic iron and steel, non-ferrous metal products, metal products and machinery (-2,8% and contributing -0,5 of a percentage point).

Seasonally adjusted manufacturing production increased by 0,7% in December 2018 compared with November 2018. This followed month-on-month changes of 0,4% in November 2018 and 1,2% in October 2018. The seasonally adjusted production index (base 2015=100) in December 2018 (103,8) was the highest since September 2008 (104,0).

In 2018, total manufacturing production increased by 1,2% compared with 2017. The largest contributions were made by the following divisions:

  • food and beverages (4,6% and contributing 1,2 percentage points); and
  • motor vehicles, parts and accessories and other transport equipment (4,9% and contributing 0,4 of a percentage point).

Seasonally adjusted manufacturing production increased by 1,2% in the fourth quarter of 2018 compared with the third quarter of 2018. Seven of the ten manufacturing divisions reported positive growth rates over this period.

  • The largest contributions were made by the following divisions:
  • petroleum, chemical products, rubber and plastic products (2,3% and contributing 0,5 of a percentage point);
  • motor vehicles, parts and accessories and other transport equipment (5,3% and contributing 0,4 of a percentage point); and
  • food and beverages (1,2% and contributing 0,3 of a percentage point).