South Africa's manufacturing production decreased in April after recovering in the previous month, data from Statistics South Africa showed on Thursday.
Manufacturing output dropped 2.9 percent year-over-year in April, reversing a 1.5 percent decrease in March, which was the first fall in five months.
The negative contributions to the annual decline were basic iron and steel, non-ferrous metal products, wood and wood products, paper, publishing and printing, and motor vehicles, parts and accessories, and other transport equipment.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.