South Africa

South Africa Industry January 2020

South Africa: 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.

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