Manufacturing production in South Africa slipped by 3.5% from a year earlier in June of 2022, after a downwardly revised 1.8% fall in the prior month and worse than market forecasts of a 2.9% drop. It marks the third consecutive month of contraction in manufacturing activity after load-shedding ramped up amid work stoppages at Eskom. The largest negative contributions came from the manufacture of motor vehicles, parts and accessories and other transport equipment (-17%); food and beverages (-3.8%) and basic iron and steel, non-ferrous metal products, metal products and machinery (-2.9%). On a seasonally adjusted monthly basis, manufacturing output fell by 1.5%, after a revised 0.2% rise in May and more than market forecasts of a 0.5% decrease. source: Statistics South Africa

Industrial Production in South Africa averaged 0.82 percent from 1974 until 2022, reaching an all time high of 102.20 percent in April of 2021 and a record low of -53 percent in April of 2020. This page provides - South Africa Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Industrial Production in South Africa is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Manufacturing Production is projected to trend around 1.50 percent in 2023 and 2.10 percent in 2024, according to our econometric models.

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South Africa Manufacturing Production



Calendar GMT Actual Previous Consensus TEForecast
2022-07-12 11:00 AM May -2.3% -7.6% -2.4% -3.4%
2022-08-11 11:00 AM Jun -3.5% -1.8% -2.9% -2.5%
2022-09-08 11:00 AM Jul -3.5%


Related Last Previous Unit Reference
Industrial Production Mom -1.50 0.20 percent Jun 2022
Industrial Production -3.50 -1.80 percent Jun 2022
Changes in Inventories -3756.00 -25046.00 ZAR Million Mar 2022
Bankruptcies 145.00 188.00 Companies Jun 2022
Electricity Production 20485.00 20587.00 Gigawatt-hour Jun 2022
Mining Production -8.00 -7.20 percent Jun 2022
Gold Production -28.60 -28.10 percent Jun 2022

South Africa Manufacturing Production
In South Africa, industrial production measures the output of businesses integrated in the manufacturing sector of the economy.
Actual Previous Highest Lowest Dates Unit Frequency
-3.50 -1.80 102.20 -53.00 1974 - 2022 percent Monthly
2015=100, NSA

News Stream
South Africa Factory Output Shrinks More than Expected
Manufacturing production in South Africa slipped by 3.5% from a year earlier in June of 2022, after a downwardly revised 1.8% fall in the prior month and worse than market forecasts of a 2.9% drop. It marks the third consecutive month of contraction in manufacturing activity after load-shedding ramped up amid work stoppages at Eskom. The largest negative contributions came from the manufacture of motor vehicles, parts and accessories and other transport equipment (-17%); food and beverages (-3.8%) and basic iron and steel, non-ferrous metal products, metal products and machinery (-2.9%). On a seasonally adjusted monthly basis, manufacturing output fell by 1.5%, after a revised 0.2% rise in May and more than market forecasts of a 0.5% decrease.
2022-08-11
South Africa Factory Output Shrinks Less than Expected
Manufacturing production in South Africa fell by 2.3% from a year earlier in May of 2022, after a downwardly revised 7.6% slump in the prior month and slightly better than market forecasts of a 2.4% drop. It marks the third consecutive month of contraction in manufacturing activity although at a slower pace than in the prior month, as production fell much slower primarily for the manufacture of motor vehicles, parts & accessories and other transport equipment (-19.2% vs -29%); basic iron and steel, non-ferrous metal products, metal products and machinery (-2.3% vs -4.9%). Additionally, output rebounded for petroleum, chemical products, rubber and plastic products (7.5% vs -10.1%), of which coke, petroleum products and nuclear fuel (12.5% vs -17.9%) and textiles, clothing, leather and footwear (5.2% vs -8%). On a seasonally adjusted monthly basis, manufacturing output went down by 0.2%, defying market expectations of a 1.5% rise.
2022-07-12
South Africa Factory Contraction Worse than Expected
Manufacturing production in South Africa plunged by 7.8% from a year earlier in April of 2022, after a downwardly revised 0.6% decrease in the prior month and worse than market expectations of a 2.6% drop. It marks the second consecutive month of falling manufacturing activity and at the quickest pace since last October, reflecting the adverse impact of severe flooding in parts of the country and intense load-shedding. The main declines were observed in the production of motor vehicles, parts and accessories and other transport equipment (-28.6%), linked to a forced temporary shutdown of the Toyota plant due to the KZN floods; petroleum, chemical products, rubber and plastic products (-10.3%); food and beverages (-3.7%) and basic iron and steel, non-ferrous metal products, metal products and machinery (-4.4%). On a seasonally adjusted monthly basis, manufacturing output declined by 5.4%, the most in six months, compared with market estimates of a 2% fall.
2022-06-09