South Africa

South Africa Industrial production December 2020

South Africa: Manufacturing activity grows at fastest pace in over one-year-and-a-half in December

Manufacturing output increased 1.8% compared to the same month a year earlier in December, which contrasted November’s 4.1% decrease and marked the strongest expansion since April 2019. The upturn was largely driven by rebounding food and beverages output, while the production of motor vehicles, parts and accessories, and other transport equipment gained steam. In contrast, petroleum, chemical products, rubber and plastic products output contracted at a steeper pace compared to the previous month.

On a seasonally-adjusted monthly basis, manufacturing output fell at a more moderate pace of 0.1% in December (November: -0.6% mom). Meanwhile, the trend improved, with the annual average variation of manufacturing production coming in at minus 11.0%, up from November’s minus 11.7%.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest