Survey on Industry, Services and Construction 2020May

Published on 9 June 2020

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Manufacturing industry, marcket services and construction
Industry
  • May, industrial production rebounded across the board. This rebound was more marked in the sectors that were most affected in March and April: the automobile, rubber and plastic, textiles, and electrical equipment sectors. This rally nevertheless only partially offset the decline in activity recorded in the previous months.
    Order books remained below normal levels.
    Business leaders expect further growth in June, albeit at a slower pace.
Opinion on the outlook for industrial production*
Balance of opinions, SA-WDA
Services
  • In the services sector, activity also picked up. The rebound was particularly pronounced in the car repair, personal services, transport and temporary work sectors. Little improvement was seen in the hotel and catering, consulting and advertising sectors, and the publishing sector lost ground.
    Staff levels continued to decline.
    Business leaders expect further growth in June, albeit to differing degrees across sectors.
Opinion on the outlook for services activity*
Balance of opinions, SA-WDA
Construction
  • The construction sector recovered some of its losses from March and April.
    Order books continued to gain ground.
    In June, activity is expected to improve further.
Opinion on the outlook for construction activity*
Balance of opinions, SA-WDA
* A positive (negative) balance of opinions corresponds to a rise (fall) in the evolution of activity. Balances of opinions may range from -200 to+200.



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Updated on 9 June 2020