Manufacturing production in South Africa rose 1.3 percent year-on-year in August of 2018, slowing from a downwardly revised 2.8 percent gain in July and well above market consensus of a 0.6 percent increase.
Production eased for food & beverages (3.3 percent from 6 percent in July); petroleum, chemicals, rubber & plastic products (0.6 percent from 0.8 percent); wood & wood products, paper, publishing & printing (1.2 percent from 3.9 percent); motor vehicles, parts & accessories and other transport equipment (1.3 percent from 8.2 percent) and glass & non-metallic mineral products (1 percent from 4.0 percent).
Meanwhile, output advanced faster for basic iron & steel, non-ferrous metals products, metal products & machinery (2.1 percent from 1.2 percent) and textiles, clothing, leather & footwear (-0.5 percent from -1.2 percent).
On a monthly basis, factory output went up 0.1 percent, after a downwardly revised 1.4 percent rise in July. Industrial Production in South Africa averaged 0.96 percent from 1974 until 2018, reaching an all time high of 18.50 percent in May of 1995 and a record low of -23.20 percent in April of 2009.
In South Africa, industrial production measures the output of businesses integrated in the manufacturing sector of the economy. This page provides – South Africa Industrial Production – actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Manufacturing Production – actual data, historical chart and calendar of releases – was last updated on September of 2018.