IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The COVID-19 pandemic and lockdown regulations since 27 March 2020 have had an extensive impact on economic activity.

Manufacturing production decreased by 16,3% in June 2020 compared with June 2019. The largest contributions were made by the following divisions:

·           basic iron and steel, non-ferrous metal products, metal products and machinery (-19,6% and contributing -3,7 percentage points);

·           food and beverages (-11,4% and contributing -3,4 percentage points);

·           motor vehicles, parts and accessories and other transport equipment (-38,8% and contributing -3,2 percentage points);

·           wood and wood products, paper, publishing and printing (-24,5% and contributing -2,7 percentage points); and

·           furniture and ‘other’ manufacturing (-46,0% and contributing -1,3 percentage points).

Seasonally adjusted manufacturing production increased by 16,8% in June 2020 compared with May 2020. This followed month-on-month changes of 30,4% in May 2020 and -44,4% in April 2020.

Seasonally adjusted manufacturing production decreased by 30,2% in the second quarter of 2020 compared with the first quarter of 2020. All ten manufacturing divisions reported negative growth rates over this period.

The largest negative contributions were made by the following divisions:

·           basic iron and steel, non-ferrous metal products, metal products and machinery (-36,6% and contributing -6,8 percentage points);

·           food and beverages (-17,4% and contributing -5,2 percentage points);

·           petroleum, chemical products, rubber and plastic products (-22,8% and contributing -5,2 percentage points);

·           motor vehicles, parts and accessories and other transport equipment (-62,8% and contributing -4,6 percentage points); and

·           wood and wood products, paper, publishing and printing (-31,3% and contributing -3,3 percentage points).