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Manufacturing Climbs 4,1%

| News by Staff Reporter

Manufacturing production and sales figures released by Stats SA


Manufacturing production rose 4,1% in February 2012 compared to February 2011, according to statistics firm Stats SA.

Stats SA said the year-on-year increase of 4,1% was due mainly to increases in production in the following divisions:

the food and beverages division (8,9% and contributing 1,5 percentage points);
the basic iron and steel, non-ferrous metal products, metal products and machinery division (7,3% and contributing 1,5 percentage points);
the glass and non-metallic mineral products division (13,2% and contributing 0,6 of a percentage point);
the petroleum, chemical products, rubber and plastic products division (2,5% and contributing 0,6 of a percentage point); and
the furniture and other manufacturing division (4,4% and contributing 0,2 of a percentage point).

A contraction of 3,0% (contributing 0,4 of a percentage point) was recorded year-on-year for the motor vehicles, parts and accessories and other transport equipment division.

Seasonally adjusted

For the three months ended February 2012 seasonally adjusted manufacturing production increased by 1,6 percent compared with the previous three months ended November 2011.

Higher production in the following divisions was the main driving factor in the year-on-year increase of 1,6%

the petroleum, chemical products, rubber and plastic products division (4,0% and contributing 1,0 percentage point);
the basic iron and steel, non-ferrous metal products, metal products and machinery division (3,3% and contributing 0,7 of a percentage point);
the wood and wood products, paper, publishing and printing division (2,7% and contributing 0,3 of a percentage point); and
the food and beverages division (1,8% and contributing 0,3 of a percentage point).

Contractions were also recorded in four of the ten manufacturing divisions.


Source: www.bizpremises.co.za