South Africa's manufacturing production fell 16.3% from a year earlier in June of 2020, following a 32.4% plunge in May. It was the softest downturn in industrial activity since March when the global pandemic started to hit the economy and strict lockdown measures were implemented to curb its spread. Output shrank less across all categories, in particular, basic iron and steel, non-ferrous metal products, metal products & machinery (-19.6% vs -33.6% in May); food & beverages (-11.4% vs -21%); motor vehicles, parts and accessories & other transport equipment (-38.8% vs -62%) and petroleum, chemical products, rubber & plastic products (-2.2% vs -27.3%). On a seasonally adjusted monthly basis, industrial production grew 16.8%, following a 30.4% jump in the previous month.

Industrial Production in South Africa averaged 0.72 percent from 1974 until 2020, reaching an all time high of 18.50 percent in May of 1995 and a record low of -49.30 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 2020. source: Statistics South Africa

Industrial Production in South Africa is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in South Africa to stand at 1.50 in 12 months time. In the long-term, the South Africa Manufacturing Production is projected to trend around 1.30 percent in 2021, according to our econometric models.

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South Africa Manufacturing Production

Actual Previous Highest Lowest Dates Unit Frequency
-16.30 -32.40 18.50 -49.30 1974 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-11 11:00 AM Mar -5.4% -2.3% -2.9% -1.6%
2020-07-09 11:00 AM Apr -49.4% -5.5% -8%
2020-08-11 11:00 AM May -32.4% -49.3% -25.3% -18%
2020-08-11 11:00 AM Jun -16.3% -32.4% -7.5%
2020-09-10 11:00 AM Jul -16.3%
2020-10-08 11:00 AM Aug
2020-11-10 11:00 AM Sep 2%
2020-12-10 11:00 AM Oct


News Stream
South Africa Manufacturing Sector Downturn Eases
South Africa's manufacturing production fell 16.3% from a year earlier in June of 2020, following a 32.4% plunge in May. It was the softest downturn in industrial activity since March when the global pandemic started to hit the economy and strict lockdown measures were implemented to curb its spread. Output shrank less across all categories, in particular, basic iron and steel, non-ferrous metal products, metal products & machinery (-19.6% vs -33.6% in May); food & beverages (-11.4% vs -21%); motor vehicles, parts and accessories & other transport equipment (-38.8% vs -62%) and petroleum, chemical products, rubber & plastic products (-2.2% vs -27.3%). On a seasonally adjusted monthly basis, industrial production grew 16.8%, following a 30.4% jump in the previous month.
2020-08-11
South Africa Factory Output Plunges at Record Pace
South Africa's manufacturing production crashed 49.4% year-on-year in April of 2020, following an upwardly revised 5.5% slump March. The downturn in manufacturing output was extended for an eleventh consecutive month and was the sharpest on record, reflecting the strong impact of the global pandemic and a nationwide lockdown to control it. Output declines were seen across all categories, primarily motor vehicles, parts and accessories & other transport equipment (-98% vs -8.3%); glass and non-metallic mineral products (-83.4% vs -16.7%); textiles, clothing, leather & footwear (-75.5% vs -11.9%); furnishings (-83.5% vs -3.3%); basic iron and steel, non-ferrous metal products, metal products & machinery (-65.4% vs -8.3%); coke, petroleum products (-63.9% vs -21.7%) and rubber products (-77.2% vs -9%). On a seasonally adjusted monthly basis, manufacturing production plunged at a record 44.3%, after falling 1.2% in the prior month.
2020-07-09
South Africa Factory Output Falls for 10th Month
South Africa's manufacturing production shrank 5.4 percent from a year ago in March of 2020, following an upwardly revised 2.3 percent decline in the previous month. It was the tenth consecutive month of decreases in industrial activity. Main negative contributions came from basic iron and steel, non-ferrous metal products, metal products and machinery (-8.5 percent); petroleum, chemical products, rubber and plastic products (-5.8 percent); motor vehicles, parts & accessories and other transport equipment (-13 percent); wood and wood products, paper, publishing and printing (-4.9 percent) and glass and non-metallic mineral products (-13.5 percent). On a seasonally adjusted monthly basis, industrial production went down 1.2 percent, after an upwardly revised 2.6 percent decrease in the prior month.
2020-06-11
South Africa Factory Output Shrinks for 9th Month
South Africa's manufacturing production fell 2.1% from a year ago in February of 2020, following a downwardly revised 1.8% decrease and almost in line with market expectations of a 2.2% slump. It was the ninth consecutive month of declines in industrial activity. Lower output was recorded primarily for basic iron & steel, non-ferrous metal products, metal products & machinery (-4.8% vs -0.8% in January); wood & wood products, paper, publishing and printing (-6.3% vs -6.6%); textiles, clothing, leather & footwear (-9.1% vs -9.9%); glass and non-metallic mineral products (-9.1% vs -1.3%) and motor vehicles (-3% vs -11.7%). The only exceptions were the production of petroleum, chemical products, rubber & plastic products (0.3% vs -0.7%) and food & beverages (2.2% vs 1.4%). On a monthly basis, industrial production shrank 2.3%, after an upwardly revised 3% rise in the previous month.
2020-05-19

South Africa Manufacturing Production
In South Africa, industrial production measures the output of businesses integrated in the manufacturing sector of the economy.