|Seasonally Adjusted Manufacturing Industries|
|(Base Year 2015 = 100)|
|Production Index||Turnover Index|
|Monthly % change||-7.3||-9.1|
|Annual % change||-9.9||-6.6|
|Oct 2017 - Dec 2017||104.9||103.5|
|Jan 2018 - Mar 2018||96.7||100.0|
Production for Manufacturing Industries for March 2018 was 7.3% lower than in February 2018 (see above and table 1). On an annual basis production for March 2018 was 9.9% lower than in March 2017. Industrial production for Manufacturing Industries for the three months January 2018 to March 2018 was 7.8% lower than in the preceding three month period (see above and tables 3a to 3c).
The “Modern” Sector showed a monthly decrease in production of 19.9% in March 2018 and an annual decrease of 9.5% when compared with March 2017. There was a monthly decrease of 1.7% in the “Traditional” Sector for March 2018 and an annual decrease of 17.9% compared with March 2017 (see table 2).
Turnover decreased by 9.1% for Manufacturing Industries in March 2018 when compared with February 2018 (see above and tables 5a to 5c). On an annual basis turnover decreased by 6.6% when compared with March 2017.
Unadjusted indices are available on our website.
Introduction of Base 2015 series
The Industrial Production & Turnover indices have been compiled with reference to base year 2015=100. The new series has been calculated using updated weights from the Census of Industrial Production 2015 and the rebased Wholesale Price Index 2015 = 100 (See Background Notes). The revised series are available on StatBank.