South Africa Manufacturing Output Falls In August

By RTTNews Staff Writer   ✉   | Published:

South Africa's manufacturing output declined in August, data from Statistics South Africa showed on Monday.

Manufacturing output fell 10.8 percent year-on-year in August, following a 10.2 percent decline in July.

The biggest negative contribution came mainly from motor vehicles, parts and accessories and other transport equipment.

On a month-on-month basis, manufacturing output rose 3.6 percent in August, after a 5.9 percent growth in the preceding month.

During three months ended in August, manufacturing output gained 20.7 percent, after a 2.2 percent decrease in the preceding period.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.