Manufacturing production increased by 2.5% y/y in May
Statistics South Africa has reported that manufacturing production increased by 2.5% in May this year compared with May last year.
The largest contributions were made by the motor vehicles, parts and accessories and other transport equipment (15.1% and contributing 1.4 percentage points) and the basic iron and steel, non-ferrous metal products, metal products and machinery (5.8% and contributing 1.2 percentage points) sectors.
Seasonally adjusted manufacturing production, however, decreased by 1.3% month-on-month. This followed month-on-month changes of 0.7% in April this year, and 3.8% in March.
Meanwhile, seasonally adjusted manufacturing production increased by 2.8% in the three months ended May compared with the previous three months.
Seven of the ten manufacturing divisions reported positive growth rates over this period.
The largest contributions were made by the petroleum, chemical products, rubber and plastic products (6.9% and contributing 1.4 percentage points), as well as basic iron and steel, non-ferrous metal products, metal products and machinery (4.6% and contributing 0.9 of a percentage point) divisions.
Seasonally adjusted manufacturing sales, meanwhile, decreased by 2.7% month-on-month in May. This followed month-on-month changes of -0.5% in April this year and 3.9% in March.
Seasonally adjusted manufacturing sales increased by 3.8% in the three months ended May compared with the previous three months.
The largest contributions were made by the food and beverages division (6.8% and contributing 1.6 percentage points) and the petroleum, chemical products, rubber and plastic products division (4.9% and contributing 1 percentage point).
Comments
Research Reports
Latest Multimedia
Showroom
The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...
VISIT SHOWROOM
Klüber Lubrication ensures that the world’s essential systems—drive units, machines, and water flow—operate efficiently, sustainably, and reliably...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
