Index of Production, August 2015

7 Oct 2015 02:53 PM

Main points

• The data in this release are consistent with the Quarterly National Accounts published on 30 September 2015 and data used for Blue Book 2015 due for release on 30 October 2015.
• Total production output is estimated to have increased by 1.9% in August 2015 compared with August 2014. There were increases in 2 of its 4 main sectors, with the largest contribution coming from mining & quarrying, which increased by 17.7%.
• Manufacturing output decreased by 0.8% in August 2015 compared with August 2014. The largest contribution to the decrease came from the manufacture of machinery & equipment not elsewhere classified, which decreased by 13.0%.
• Total production output is estimated to have increased by 1.0% in August 2015 compared with July 2015. There were increases in 3 of its 4 main sectors, with the largest contribution coming from mining & quarrying, which increased by 6.0%.
• Manufacturing output increased by 0.5% in August 2015 compared with July 2015. The main manufacturing components contributing to the growth were the manufacture of transport equipment; the manufacture of basic metals & metal products; and the manufacture of food, beverages & tobacco.
• In the 3 months to August 2015, production and manufacturing were 9.4% and 6.5% respectively below their figures reached in the pre-downturn GDP peak in Quarter 1 (Jan to Mar) 2008.
• The earliest period open for revision in this release was January 1997. Revisions to Index of Production data up to and including Quarter 2 (Apr to June) 2015 are consistent with the Quarterly National Accounts publication released on 30 September 2015.

Get all the tables for this publication in the data section of this publication.