South Africa Industry September 2019

South Africa

South Africa: Manufacturing production contracts more sharply in September

November 7, 2019

Manufacturing output fell 2.4% year-on-year in September following a revised 1.5% drop in August (previously reported: -1.8% year-on-year). The sharper downturn reflected a broad-based deterioration led by the production of basic iron and steel, non-ferrous metal products, metal products and machinery, and followed by wood and wood products, paper, publishing and printing. The declines more than offset an expansion in the production of food and beverages—the only category that logged growth.

Meanwhile, annual average growth in manufacturing output edged down to 0.3% in September from 0.5% in August.

On a month-on-month basis, manufacturing output fell 2.4% in seasonally-adjusted terms in September, contrasting a 1.3% expansion in the previous month.

FocusEconomics Consensus Forecast panelists expect manufacturing output to expand 0.9% in 2020, which is unchanged from last month’s estimate. For 2021, the panel expects manufacturing output to expand 1.4%.


Sample Report

Looking for forecasts related to Industry in South Africa? Download a sample report now.


South Africa Industry Chart

South Africa Manufacturing September 2019 2

Note: Year-on-year changes and annual average variation of manufacturing production index in %.
Source: Statistics South Africa (Stats SA) and FocusEconomics calculations.

South Africa Economic News

More news

Search form