South Africa

South Africa Industrial production October 2020

South Africa: Manufacturing production drops again in October

Manufacturing output dropped 3.4% year-on-year in October (September: -1.9% yoy). Looking at the details of the release, October’s sharper drop largely reflected a slowdown in food and beverages output as well as a contraction in the manufacture of textiles, clothing, leather and footwear. In addition, the manufacture of petroleum, chemical products, rubber and plastic products fell markedly in October.

On a monthly basis, manufacturing production grew 2.6% in seasonally-adjusted terms in October, which was below September’s 2.9% expansion and marking the worst result since April. Meanwhile, the trend pointed down, with the annual average variation of manufacturing production coming in at minus 11.5%, down from September’s minus 11.3%.

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