South Africa’s October manufacturing output up 2.2% year-on-year
South Africa’s manufacturing output rose 2.2 percent year-on-year in October, beating market expectations, after falling by a revised 1.7 percent in September, Statistics South Africa said on Tuesday.
Economists polled by Reuters had forecast manufacturing volumes would rise by 0.75 percent year-on-year in October.
Factory production on a month-on-month basis was up 0.7 percent and rose 0.8 percent in the three months to October compared with the previous three months.
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