{"id":1891,"date":"2013-11-08T07:30:31","date_gmt":"2013-11-08T05:30:31","guid":{"rendered":"http:\/\/beta2.statssa.gov.za\/?p=1891"},"modified":"2013-11-11T09:24:01","modified_gmt":"2013-11-11T07:24:01","slug":"automotive-strikes-hamper-gdp-growth","status":"publish","type":"post","link":"https:\/\/www.statssa.gov.za\/?p=1891","title":{"rendered":"Automotive strikes hamper growth"},"content":{"rendered":"<p style=\"text-align: left;\">Before the slump in 2008\/09 due to the global recession, manufacturing performed well, recording annual growth rates of 2,9%, 4,6% and 4,2% for 2005, 2006 and 2007 respectively. The recovery after the recession from 2010 to 2012 was sluggish, and 2013 showed anaemic annual growth of 1,3% to date. Factory output remains far from the levels achieved at the end of 2007 and beginning of 2008.<\/p>\n<p style=\"text-align: left;\">Manufacturing production slumped in September 2013, recording a year-on-year growth rate of -3,3% from a subdued 0,2% year-on-year growth in August 2013. This was the lowest growth rate recorded since July 2011, when strikes in key industries forced factory output to slump to -6,0% year-on-year. Figure 1 illustrates the performance of the manufacturing sector from 2005 to 2013.<\/p>\n<p><b>Figure 1 \u2013 Manufacturing production, seasonally adjusted and trend<\/b><\/p>\n<p><a href=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-1894\" alt=\"gdp_figure1\" src=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure1-300x195.png\" width=\"300\" height=\"195\" srcset=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure1-300x195.png 300w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure1-100x65.png 100w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure1.png 977w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>Latest: August &amp; September 2013<\/h2>\n<div><span style=\"font-size: 13px; line-height: 19px;\">During August and September 2013, a strike in the automotive industry adversely affected total factory output. Manufacturing of motor vehicles was the worst affected, decreasing by 47,3% and 69,9% year-on-year in August and September 2013 respectively, followed by parts and accessories (-3,9% and <\/span><span style=\"font-size: 13px; line-height: 19px;\">-46,0% year-on-year in August and September 2013 respectively). Figures 2 and 3 illustrate the slump in production levels.<\/span><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<p>&nbsp;<\/p>\n<div><strong>Figure 2 \u2013 Index of motor vehicle production: 2011 &#8211; 2013<\/strong><\/div>\n<div><a href=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure2.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-1895\" alt=\"gdp_figure2\" src=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure2-300x195.png\" width=\"300\" height=\"195\" srcset=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure2-300x195.png 300w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure2-100x65.png 100w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure2.png 977w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div style=\"text-align: left;\"><strong>Figure 3 \u2013 Index of parts and accessories production: 2011 \u2013 2013<\/strong><\/div>\n<div><\/div>\n<p>&nbsp;<\/p>\n<div><\/div>\n<div><a href=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure31.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-1915\" alt=\"gdp_figure3\" src=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure31-300x195.png\" width=\"300\" height=\"195\" srcset=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure31-300x195.png 300w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure31-100x65.png 100w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure31.png 977w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Seasonally adjusted total manufacturing production fell by 3,8% month-on-month in August 2013 and by 4,7% in September 2013. Apart from the woes of the automotive sector, <i>each of the ten manufacturing divisions contracted month-on-month (seasonally adjusted) in September 2013<\/i>.<\/p>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<p>&nbsp;<\/p>\n<h2><strong>Manufacturing &amp; GDP:<\/strong><\/h2>\n<div>\n<p>The manufacturing industry, as measured by its nominal value, contributed 10,7% to the economy in the second quarter of 2013. Figure 4 shows manufacturing\u2019s declining contribution to GDP from 2006 to 2013. The poor August and September 2013 manufacturing output resulted in a seasonally adjusted annualised decrease of 8,3% for the third quarter of 2013 compared with the previous quarter. GDP results for the third quarter of 2013 will be published on 26 November 2013.<\/p>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<p>&nbsp;<\/p>\n<p><strong>Figure 4 \u2013 Contribution of manufacturing to GDP: 2006 \u2013 2013<\/strong><\/p>\n<div><a href=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure4.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1897 aligncenter\" alt=\"gdp_figure4\" src=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure4-300x195.png\" width=\"300\" height=\"195\" srcset=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure4-300x195.png 300w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure4-100x65.png 100w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2013\/11\/gdp_figure4.png 602w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/div>\n<div><\/div>\n<div>Download\u00a0<a href=\"https:\/\/www.statssa.gov.za\/?page_id=1854&amp;PPN=P3041.2&amp;SCH=5670\">Manufacturing: Production and sales, September 2013<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Before the slump in 2008\/09 due to the global recession, manufacturing performed well, recording annual growth rates of 2,9%, 4,6% and 4,2% for 2005, 2006 and 2007 respectively. The recovery after the recession from 2010 to 2012 was sluggish, and 2013 showed anaemic annual growth of 1,3% to date. Factory output remains far from the&nbsp; &nbsp;<a href=\"https:\/\/www.statssa.gov.za\/?p=1891\" class=\"btn btn-mini btn-info pull-right\" style=\"margin:10px 30px;\">read more &raquo;<\/a><\/p>\n<div class=\"clear\"><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30,6],"tags":[],"class_list":["post-1891","post","type-post","status-publish","format-standard","hentry","category-economic-growth","category-economy-data-stories"],"_links":{"self":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/1891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1891"}],"version-history":[{"count":68,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/1891\/revisions"}],"predecessor-version":[{"id":1987,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/1891\/revisions\/1987"}],"wp:attachment":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}