Manufacturing statistics: Production decreased by 0.5%

Statistics South Africa recently reported February 2015 key findings for the manufacturing industry in the country. The findings were based on production and sales.

Statistics show that production decreased by 0.5% in February 2015 compared with February 2014. The 0.5% year-on-year decrease in manufacturing production in February 2015 was mainly due to lower production in the following divisions:

  • Petroleum, chemical products, rubber and plastic products (- 2% and contributing -0.5 of a percentage point)
  • Furniture and ‘other’ manufacturing (- 8.9% and contributing -0.3 of a percentage point)
  • Wood and wood products, paper, publishing and printing (- 2.0% and contributing  0,3 of a percentage point.)

Seasonally adjusted manufacturing production decreased by 0.8% in the three months ended February 2015 compared with the previous three months. Seven of the ten manufacturing divisions reported negative growth rates over this period.

The largest negative contributions to the decrease of 0.8% were made by the following divisions:

  • Radio, television and communication apparatus and professional equipment (- 18.3% and contributing -0.3 of a percentage point)
  • Motor vehicles, parts and accessories and other transport equipment (- 3.7% and contributing -0.3 of a percentage point)
  • Wood and wood products, paper, publishing and printing (- 2.1% and contributing  0.3 of a percentage point.)

Power outages and lower commodity prices are said to be key factors in the manufacturing sector struggling to gain momentum.


By: Kristy Jooste