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Economy And The Numbers

South Africa Manufacturing Output Shrinks 2.9%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

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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