Key findings: P3041.2 - Manufacturing: Production and sales, February 2020

Manufacturing production decreased by 2,1% in February 2020 compared with February 2019. The largest negative contributions were made by the following divisions:

  • basic iron and steel, non-ferrous metal products, metal products and machinery (-4,8% and contributing -0,9 of a percentage point);
  • wood and wood products, paper, publishing and printing (-6,3% and contributing -0,7 of a percentage point);
  • textiles, clothing, leather and footwear (-9,1% and contributing -0,3 of a percentage point);
  • glass and non-metallic mineral products (-9,1% and contributing -0,3 of a percentage point); and
  • motor vehicles, parts and accessories and other transport equipment (-3,0% and contributing -0,3 of a percentage point).

The largest positive contribution was made by the food and beverages division (2,2% and contributing 0,6 of a percentage point).

Seasonally adjusted manufacturing production decreased by 2,3% in February 2020 compared with January 2020. This followed month-on-month changes of 3,0% in January 2020 and -3,2% in December 2019.

Seasonally adjusted manufacturing production decreased by 2,2% in the three months ended February 2020 compared with the previous three months. Eight 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 -0,6 of a percentage point);
  • motor vehicles, parts and accessories and other transport equipment (-6,2% and contributing -0,5 of a percentage point);
  • petroleum, chemical products, rubber and plastic products (-2,0% and contributing -0,5 of a percentage point);
  • wood and wood products, paper, publishing and printing (-3,6% and contributing -0,4 of a percentage point); and
  • basic iron and steel, non-ferrous metal products, metal products and machinery (-2,0% and contributing -0,4 of a percentage point).