Index of Production, February 2014
8 Apr 2014 04:12 PM
Key
Points
- Production output increased by 2.7% between February
2013 and February 2014. This reflects increases of 3.8% in manufacturing; 8.5%
in water supply, sewerage & waste management and 0.2% in mining &
quarrying.
- The
only decrease was in electricity, gas, steam & air conditioning output,
which decreased by 8.8% between February 2013 and February 2014. This was
attributed to the average temperature in February 2014 being warmer than
February 2013.
- The
main manufacturing components contributing to the increase between February
2013 and February 2014 were the manufacture of rubber & plastic products
& other non-metallic mineral products; the manufacture of transport
equipment and the manufacture of machinery & equipment not elsewhere
classified.
- Total production increased by 0.9% between January 2014
and February 2014. There were upward contributions from three of the main
sectors, with manufacturing being the largest contributor increasing by 1.0%,
its third consecutive monthly rise.
- The
main components contributing to the increase in manufacturing between January
2014 and February 2014 were the manufacture of basic pharmaceutical products
& pharmaceutical preparations; the manufacture of transport equipment and
the manufacture of food products, beverages & tobacco.
- In
this release the earliest period open for revision was January 2014. There is
no impact on previously published GDP estimates from revisions reported in this
release.