South African manufacturing output down 1.1% y/y in November

JOHANNESBURG (Reuters) – South Africa’s manufacturing output fell 1.1% year on year in November after rising by 1.0% in October, statistics agency data showed on Tuesday.

Factory production rose 2.0% month on month in November. Analysts had predicted a 2.3% drop in annual terms and a 1.1% month-on-month drop.

(Reporting by Anait Miridzhanian; Editing by Alexander Winning)

tagreuters.com2023binary_LYNXMPEJ090D6-VIEWIMAGE

Close Bitnami banner
Bitnami