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Manufacturing up q-o-q and y-o-y

Posted On Friday, 11 June 2010 02:00 Published by
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The seasonally adjusted manufacturing production for the three months ended April 2010 increased by 0,8% compared with the previous three months ended January 2010

Higher production levels were reported by six of the ten manufacturing divisions during the latest three months.

The increase was driven by higher production in the petroleum, chemical products, rubber and plastic products division (2,2% and contributing 0,5 of a percentage point), the wood and wood products, paper, publishing and printing division (4,2% and contributing 0,4 of a percentage point), the electrical machinery division (5,0% and contributing 0,2 of a percentage point), the motor vehicles, parts and accessories and other transport equipment division (2,1% and contributing 0,2 of a percentage point), the basic iron and steel, non-ferrous metal products, metal products and machinery division (0,8% and contributing 0,2 of a percentage point) and the radio, television and communication apparatus and professional equipment division (6,3% and contributing 0,1 of a percentage point). However, these increases were partially counteracted by decreases reported by four manufacturing divisions ranging from the contribution of -0,3 of a percentage point for the glass and ! non-metallic mineral products division to -0,1 of a percentage point for the textiles, clothing, leather and footwear division.

The estimated manufacturing production for April 2010 increased by 8,7% compared with April 2009.

This annual increase was due to higher production levels reported by eight of the ten manufacturing divisions, driven mainly by the motor vehicles, parts and accessories and other transport equipment division (45,9% and contributing 3,6 percentage points), the petroleum, chemical products, rubber and plastic products division (11,3% and contributing 2,9 percentage points), the basic iron and steel, non-ferrous metal products, metal products and machinery division (9,1% and contributing 1,9 percentage points) and the furniture and other manufacturing division (11,5% and contributing 0,5 of a percentage point).


Publisher: eProp
Source: SSA
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