Manufacturing production up in March

Posted On Monday, 17 May 2010 02:00 Published by
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The estimated manufacturing production for March 2010 increased by 6,3% compared with March 2009

The divisions contributing most to the 6,3% increase in manufacturing production in March 2010 compared with March 2009 were the motor vehicles, parts and accessories and other transport equipment division (24,3% and contributing 2,2 percentage points), the basic iron and steel, non-ferrous metal products, metal products and machinery division (9,5% and contributing 1,9 percentage points), the petroleum, chemical products, rubber and plastic products division (7,6% and contributing 1,8 percentage points), the food and beverages division (6,3% and contributing 1,1 percentage points) and the electrical machinery division (5,6% and contributing 0,2 of a percentage point).

The seasonally adjusted manufacturing production for the first quarter of 2010 increased by 1,5% compared with the fourth quarter of 2009. Higher production levels were reported by six of the ten manufacturing divisions during this period.

The increase was driven by higher production in the basic iron and steel, non-ferrous metal products, metal products and machinery division (2,7% and contributing 0,6 of a percentage point), the wood and wood products, paper, publishing and printing division (5,9% and contributing 0,5 of a percentage point), the motor vehicles, parts and accessories and other transport equipment division (5,2% and contributing 0,5 of a percentage point) and the  petroleum, chemical products, rubber and plastic products division (1,4% and contributing 0,3 of a percentage point).


Publisher: eProp
Source: SSA

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