Key findings: P3041.2 - Manufacturing: Production and sales, August 2019

Manufacturing production decreased by 1,8% in August 2019 compared with August 2018. The largest negative contributions were made by the following divisions:

·         basic iron and steel, non-ferrous metal products, metal products and machinery (-7,0% and contributing -1,3 percentage points);

·         petroleum, chemical products, rubber and plastic products (-4,1% and contributing -0,9 of a percentage point); and

·         wood and wood products, paper, publishing and printing (-7,3% and contributing -0,8 of a percentage point).

 

The largest positive contributions were made by the following divisions:

·         food and beverages (3,5% and contributing 1,0 percentage point); and

·         motor vehicles, parts and accessories and other transport equipment (10,9% and contributing 0,9 of a percentage point).

 

Seasonally adjusted manufacturing production increased by 1,3% in August 2019 compared with July 2019. This followed month-on-month changes of 0,8% in July 2019 and -2,0% in June 2019.


Seasonally adjusted manufacturing production decreased by 1,7% in the three months ended August 2019 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:

·         petroleum, chemical products, rubber and plastic products (-6,6% and contributing -1,5 percentage points); and

·         basic iron and steel, non-ferrous metal products, metal products and machinery (-5,6% and contributing -1,1 percentage points).

 

The largest positive contributions were made by the following divisions:

·         motor vehicles, parts and accessories and other transport equipment (8,5% and contributing 0,7 of a percentage point); and

·         food and beverages (2,1% and contributing 0,6 of a percentage point).