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

Manufacturing production decreased by 10,8% in August 2020 compared with August 2019. The largest contributions were made by the following divisions:

·         motor vehicles, parts and accessories and other transport equipment (-30,6% and contributing -2,7 percentage points);

·         basic iron and steel, non-ferrous metal products, metal products and machinery (-11,7% and contributing -2,1 percentage points);

·         food and beverages (-6,8% and contributing -2,0 percentage points);

·         wood and wood products, paper, publishing and printing (-11,9% and contributing -1,3 percentage points); and

·         petroleum, chemical products, rubber and plastic products (-5,4% and contributing -1,2 percentage points).

 

Seasonally adjusted manufacturing production increased by 3,6% in August 2020 compared with July 2020. This followed month-on-month changes of 5,9% in July 2020 and 21,3% in June 2020.

 

Seasonally adjusted manufacturing production increased by 20,7% in the three months ended August 2020 compared with the previous three months. All ten manufacturing divisions reported positive growth rates over this period.

 

The largest contributions were made by the following divisions:

·         basic iron and steel, non-ferrous metal products, metal products and machinery (28,6% and contributing 4,9 percentage points);

·         petroleum, chemical products, rubber and plastic products (19,9% and contributing 4,8 percentage points);

·         food and beverages (8,1% and contributing 2,8 percentage points); and

·         motor vehicles, parts and accessories and other transport equipment (61,3% and contributing 2,8 percentage points).