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Johannesburg - South African industries‚ excluding agriculture‚ financial intermediation‚ insurance and government institutions‚ recorded an estimated total turnover of R1.62trn in the first quarter of 2013‚ a 2.7% decrease compared with the R1.66trn in the fourth quarter of 2012‚ Statistics SA’s March quarterly financial statistics on Thursday shows.
Turnover of all industries was‚ however‚ up year on year.
The figures showed that turnover for the first quarter of 2013 was estimated at R1.62trn compared with R1.55trn for the first quarter of 2012‚ a 4.5% increase.
Between the fourth quarter of 2012 and the first quarter of 2013‚ turnover decreased in five of the eight industries covered in the survey.
The largest decrease in turnover was recorded for construction (-7.3%)‚ followed by trade (-4.8%)‚ electricity‚ gas and water supply (-2.9%)‚ manufacturing (-2.8%) and transport‚ storage and communication (-1.6%).
Increases were recorded for mining and quarrying (4.1%)‚ followed by community‚ social and personal services excluding government institutions (2.1%) and real estate and other business services excluding financial intermediation and insurance (0.3%).
Total capital expenditure on property‚ plant and equipment for the first quarter of 2013 was estimated at R56bn‚ compared with R77.7bn for the fourth quarter of 2012‚ a 27.9% decrease.
The largest decrease was recorded for electricity‚ gas and water supply
(-58.6%)‚ followed by manufacturing (-42.9%)‚ mining and quarrying (-31.3%)‚ trade (-19.7%) and transport‚ storage and communication (-4.0%).
Increases were recorded for real estate and other business services excluding financial intermediation and insurance (16.4%)‚ followed by construction (15.7%) and community‚ social and personal services excluding government institutions (14.4%).
Total inventories at the end of the first quarter of 2013 were estimated at R586.4bn‚ compared with R568bn for the fourth quarter of 2012‚ an increase of 3.2%.
The largest increase in inventories was recorded for manufacturing (4.7%)‚ followed by electricity‚ gas and water supply (3.6%)‚ trade (2.9%)‚ construction (1.9%)‚ mining and quarrying (1.8%) and community‚ social and personal services excluding government institutions (0.7%).
Decreases were recorded for transport‚ storage and communication (-6.9%) and real estate and other business services excluding financial intermediation and insurance (-5.0%).
