Subscribe & Follow

Advertise your job vacancies

BizTrendsTV

RAPT BizTrendsTV: Nokulinda Mkhize: How Spiritual wellness is changing the workplace

Jobs

Senior Product Developer Cape Town
Senior Graphic Designer Durban
Finished Artist – Packaging Durban
Procurement Assistant/Technical Buyer Johannesburg
Factory Production Coordinator (Junior) Pretoria
Senior Shopper Marketing Manager Cape Town
Junior - Mid-weight Event/Activation Account/Project Manager Johannesburg
Bookkeeper/Accounts Clerk Pretoria

More jobs Submit a job Open account

SA June manufacturing production up 0.8%

Manufacturing production in SA increased by a much lower than expected 0.8% year on year (y/y) in June after an upwardly revised 4.4% (4.2%) year-on-year rise in May‚ data released by Statistics SA on Wednesday showed.

10 Aug 2012

The 0.8% y/y increase in manufacturing production was mainly due to higher production in the petroleum‚ chemical products‚ rubber and plastic products sector‚ with a 4.3% rise and a 1.1 percentage point contribution; the food and beverages division‚ with a 2.6% increase and a 0.4 percentage point contribution; and the wood and wood products‚ paper‚ publishing and printing division‚ with 2.4% and a 0.2 percentage point contribution.

Seasonally adjusted manufacturing production decreased by 0.2% in the second quarter of this year compared with the first quarter.

Five of the 10 manufacturing divisions reported negative growth rates over this period.

The decrease was driven mainly by lower production recorded for the basic iron and steel‚ nonferrous metal products‚ metal products and machinery division (-6.2% and contributing -1.3 percentage points); the wood and wood products‚ paper‚ publishing and printing division (-4.8% and contributing -0.5 of a percentage point); and the glass and nonmetallic mineral products division (-1.2% and contributing -0.1 of a percentage point).

The seasonally adjusted sales of manufactured products at current prices decreased by 0.3% or -R976m in the second quarter of this year compared with the first quarter. Four of the 10 manufacturing divisions reported negative growth rates over this period.

The three divisions mainly responsible for the decrease in total manufacturing sales were the basic iron and steel‚ nonferrous metal products‚ metal products and machinery division; the petroleum division; and the wood and wood products division.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za