Industry in South Africa

South Africa Industry | Economic News & Forecasts

South Africa - Industry

Manufacturing gains jump in April

Manufacturing output increased 4.6% year-on-year in April, up from a revised 1.3% increase in March (previously reported: +1.2% year-on-year). All told, output gains in the motor vehicle industries, as well as in the metals and machinery industries, drove the faster outturn.

Meanwhile, annual average growth in manufacturing output rose to 1.6% from 1.3% in April.

On a month-on-month basis, manufacturing output increased 2.8% in seasonally-adjusted terms (March: +0.9% month-on-month s.a.).

FocusEconomics Consensus Forecast panelists expect manufacturing output to increase 0.5% in 2019, which is unchanged from last month’s forecast. For 2020, the panel expects manufacturing output to increase 1.5%.

South Africa - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)1.3  0.1  0.0  0.7  -0.5  

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South Africa Industry Chart


South Africa Industry
Note: Annual variation of manufacturing output in %.
Source: Statistics South Africa.

South Africa Facts

ValueChangeDate
Bond Yield8.050.29 %Jun 20
Exchange Rate14.31-0.21 %Jun 20
Stock Market0.7-0.44 %Jun 13

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