Industry in South Africa

South Africa - Industry
Manufacturing production declines for the eighth month running in January
On an annual basis, manufacturing output fell 2.0% in January, after a 5.9% drop in December which had marked the worst result since August 2014. The milder contraction reflected softer declines in output of food and beverages; glass and non-metallic mineral products; and production of petroleum, chemical, rubber and plastic products; and of motor vehicles, parts and accessories and other transport equipment.
Meanwhile, annual average variation in manufacturing output logged minus 1.1% in January, down from December’s minus 0.8%.
On a month-on-month basis, manufacturing output rose 2.5% in January, contrasting a 3.0% fall in the previous month.
FocusEconomics Consensus Forecast panelists expect manufacturing output to expand 0.5% in 2020, which is unchanged from last month’s estimate. For 2021, the panel expects manufacturing output to expand 1.8%.
South Africa - Industry Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Industrial Production (annual variation in %) | 0.0 | 0.7 | -0.5 | - | - |
South Africa Industry Chart

Source: Statistics South Africa.
South Africa Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 8.26 | 0.29 % | Dec 31 |
Exchange Rate | 13.98 | -0.21 % | Dec 31 |
Stock Market | 0.1 | -0.44 % | Jan 06 |
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Economic News
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South Africa: Inflation increases to over 13-year high in June
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Consumer prices rose 1.07% from the previous month in June, accelerating from May's 0.68% increase.
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South Africa: Decline in manufacturing activity softens in May
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Manufacturing output dropped 0.2% in month-on-month seasonally-adjusted terms in May, which was an improvement from April's 5.7% decrease.
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South Africa: Inflation soars to over five-year high in May
June 22, 2022
Consumer prices rose 0.68% over the previous month in May, picking up from April's 0.59% rise.
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South Africa: Manufacturing production records largest decrease in six months in April
June 9, 2022
Manufacturing output collapsed 5.4% month-on-month in seasonally-adjusted terms in April (March: +0.3% mom).