South Africa

South Africa Industrial production January 2023

South Africa: Manufacturing production growth rises in January

Manufacturing production rose 1.1% month on month in seasonally adjusted terms in January, more than doubling December’s 0.5% increase. Looking at the details of the release, the upturn was largely due to an improvement in petroleum, chemical products, rubber and plastic products and basic iron and steel, non-ferrous metal products, metal products and machinery output.

On an annual basis, manufacturing output fell at a more moderate pace of 3.7% in January (December: -4.5% yoy). The trend pointed down, nevertheless, with the annual average variation of manufacturing production coming in at minus 0.9% in January, down from December’s minus 0.3%.

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