JOHANNESBURG (Reuters) – South Africa’s manufacturing output fell 2.3% year-on-year in May, after falling by a revised 7.6% in April, statistics agency data showed on Tuesday.
Factory production fell 0.2% month on month in May.
Analysts had predicted a 2.4% decline in annual terms in May and a 1.5% month-on-month increase.
(Reporting by Alexander Winning; Editing by Alex Richardson)
