IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Manufacturing production decreased by 5,4% in March 2020 compared with March 2019. The largest negative contributions were made by the following divisions:

·         basic iron and steel, non-ferrous metal products, metal products and machinery (-8,5% and contributing -1,8 percentage points);

·         petroleum, chemical products, rubber and plastic products (-5,8% and contributing -1,3 percentage points);

·         motor vehicles, parts and accessories and other transport equipment (-13,0% and contributing -1,0 percentage point);

·         wood and wood products, paper, publishing and printing (-4,9% and contributing -0,5 of a percentage point); and

·         glass and non-metallic mineral products (-13,5% and contributing -0,4 of a percentage point).

Seasonally adjusted manufacturing production decreased by 1,2% in March 2020 compared with February 2020. This followed month-on-month changes of -2,6% in February 2020 and 2,8% in January 2020.

Seasonally adjusted manufacturing production decreased by 2,1% in the first quarter of 2020 compared with the fourth quarter of 2019. Nine 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 (-4,6% and contributing -1,1 percentage points);

·         basic iron and steel, non-ferrous metal products, metal products and machinery (-2,8% and contributing -0,5 of a percentage point); and

•    motor vehicles, parts and accessories and other transport equipment (-4,0% and contributing -0,3 of a percentage point).